A recent survey shows that 84% of homeowners are concerned about housing affordability where they live
March 20, 2025
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Because of rising costs, many homeowners report feeling concerned about the state of their local housing markets.
Housing affordability is continuing to affect not just first-time homebuyers and renters, but also existing homeowners. According to the ResiClub blog’s Housing Market Sentiment Survey, 84% of U.S. homeowners say they’re either “somewhat concerned” or “very concerned” about housing affordability in their market. Comparatively, 33% of those surveyed say the current investment upside of buying a home in their area is “somewhat favorable” or “very favorable.” For most respondents, mortgage rates appear to be the biggest obstacle keeping them from having a positive outlook on their respective markets.
We asked U.S. homeowners—excluding those who said they "plan to never sell" or "would pay all cash" for their next home—what the highest mortgage rate they would accept on their next home purchase.
Only 16% of homeowners said they’d accept a mortgage rate up to 7.00% on their next purchase.
Just over half of homeowners (54%) said they’d accept a mortgage rate up to 5.50% on their next purchase.Read more
