House hunting? A home’s affordability may depend on the political leanings of your state
Housing And Homelessness,Housing Market,Economy And Jobs,Republican Party,Democratic Party,Politics,Federal State And Tribal Powers,Affordable Housing
Ahead of the 2024 presidential election, home prices and housing affordability are emerging as hot issues in the swing states that will decide the election.
While the housing crisis is an issue across the country, an analysis of Realtor.com® affordability score data shows distinct trends separating red states, blue states, and the seven key swing states: Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin.
On average, red states are more affordable than the US as a whole, and blue states are less affordable.
The swing state average sits in the middle, slightly more affordable than the national average.
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