Tue, June 3, 2025
[ Tue, Jun 03rd 2025 ]: WCAX3
Vt. home buyers still struggling amid increase in available housing
[ Tue, Jun 03rd 2025 ]: PBS
NJ Spotlight News | First-time homebuyers face high prices and interest rates | Season 2023
Mon, June 2, 2025
[ Mon, Jun 02nd 2025 ]: PBS
PBS39 News Reports | HOME FOR THE HOLIDAYS | Season 2019
[ Mon, Jun 02nd 2025 ]: fox6now
Summer weather's impact on your home
[ Mon, Jun 02nd 2025 ]: KUTV
Mortgage bankers: Who they are and what they do in home lending
[ Mon, Jun 02nd 2025 ]: Fortune
Current mortgage rates report for June 2, 2025: Rates remain high
Sat, May 31, 2025
[ Sat, May 31st 2025 ]: RepublicWorld
Explained: How You Can Save Up To Rs 5 Lakh In Taxes Every Year When Buying A New Home
Fri, May 30, 2025
[ Fri, May 30th 2025 ]: WHIO
'I lost everything;' Home torn apart in SWAT standoff
[ Fri, May 30th 2025 ]: WJZY
One badly injured in fire at south Charlotte home
[ Fri, May 30th 2025 ]: WGME
Home equity news: Home prices hit another record while HELOC rates fall
[ Fri, May 30th 2025 ]: ThePrint
Dhuleva Group Delivers 200+ Rehab Homes in Record Time
[ Fri, May 30th 2025 ]: KITV
$20M housing project aims to help L?hain? teachers
[ Fri, May 30th 2025 ]: Fortune
Current mortgage rates report for May 30, 2025: Rates remain stubbornly high
Thu, May 29, 2025
[ Thu, May 29th 2025 ]: 13abc
13 Action News Big Story: The Ohio Housing Market
[ Thu, May 29th 2025 ]: Fortune
Current mortgage rates report for May 29, 2025: Elevated rates still holding steady
Wed, May 28, 2025
[ Wed, May 28th 2025 ]: WDSU
Slidell driver crashes into family member's home
[ Wed, May 28th 2025 ]: fox6now
Milwaukee fire on city's south side, person found dead inside: officials
[ Wed, May 28th 2025 ]: wjla
Bigger isn't always better for homebuyers facing rising costs
[ Wed, May 28th 2025 ]: KUTV
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[ Wed, May 28th 2025 ]: People
Princess Diana's Childhood Home Targeted in Suspe .. rson Attack as Brother Charles Spencer Speaks Out
[ Wed, May 28th 2025 ]: 7NEWS
Elderly man killed in Sydney home following fire
[ Wed, May 28th 2025 ]: Fortune
Current mortgage rates report for May 28, 2025
Tue, May 27, 2025
[ Tue, May 27th 2025 ]: WGAL
Intense fire fully engulfs house
[ Tue, May 27th 2025 ]: WLWT
Arson suspect pleads guilty to setting fire to home, dousing girlfriend with gasoline
[ Tue, May 27th 2025 ]: 7NEWS
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[ Tue, May 27th 2025 ]: WKRG
Another Mobile home hit by gunfire
[ Tue, May 27th 2025 ]: HousingWire
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[ Tue, May 27th 2025 ]: BBC
Plans for new child care home in Peterborough submitted
Mon, May 26, 2025
[ Mon, May 26th 2025 ]: Fortune
Current mortgage rates report for May 26, 2025: Rates hold steady after recent increase
[ Mon, May 26th 2025 ]: 7NEWS
Firefighters' grim warning as outdoor heater blamed for devastating house fire
Sun, May 25, 2025
[ Sun, May 25th 2025 ]: 7NEWS
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Sat, May 24, 2025
[ Sat, May 24th 2025 ]: BBC
Unfinished housing sites may be taken off developers under new rules
[ Sat, May 24th 2025 ]: Patch
Landmark Home With Famous Guest List Hits The Market: CT News
[ Sat, May 24th 2025 ]: PBS
NJ Spotlight News | Abuse, neglect documented in NJ's group homes | Season 2025
Fri, May 23, 2025
[ Fri, May 23rd 2025 ]: Fortune
Trump 'reverse Robin Hood' tax bill is driving up the cost of buying a home, Democrats say
[ Fri, May 23rd 2025 ]: WLWT
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[ Fri, May 23rd 2025 ]: Newsweek
Housing market update as existing home sales fall
[ Fri, May 23rd 2025 ]: Forbes
Homeowners: How To Generate $2,400/Month For Life From Your House
[ Fri, May 23rd 2025 ]: WJZY
Charlotte nonprofit gives families furniture to 'make their house into a home'
Thu, May 22, 2025
[ Thu, May 22nd 2025 ]: KITV
Buying a home on Maui 'impossible' for a typical family, researchers say
[ Thu, May 22nd 2025 ]: Newsweek
Map shows home values dropping in half the country as housing market shifts
[ Thu, May 22nd 2025 ]: WFXT
25 Investigates: Exclusive access inside Holyoke Soldiers' Home 5 years after COVID killed 84 vets
[ Thu, May 22nd 2025 ]: legit
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[ Thu, May 22nd 2025 ]: ESPN
Arsenal's new 2025-26 home kit will get fans' hearts racing
[ Thu, May 22nd 2025 ]: Fortune
Current mortgage rates report for May 22, 2025: Rates rising again
Wed, May 21, 2025
[ Wed, May 21st 2025 ]: WGME
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[ Wed, May 21st 2025 ]: WMUR
Londonderry home destroyed in fire; firefighter taken to the hospital
Tue, May 20, 2025
[ Tue, May 20th 2025 ]: Fortune
Current mortgage rates report for May 20, 2025: Rates take slight dip

Buying a home on Maui 'impossible' for a typical family, researchers say

A recent study by the University of Hawaiʻi Economic Research Organization (UHERO) highlights the severe affordability crisis for homebuyers on Maui, indicating that purchasing a home is out of reach for the typical family. The research shows that the median home price on the island is around $1.2 million, while the median household income is approximately $83,000, making the price-to-income ratio one of the highest in the nation. UHERO's analysis suggests that even with a 20% down payment, monthly mortgage payments would consume a significant portion of a family's income, far exceeding the recommended 30% threshold for housing costs. The study also points out that the shortage of affordable housing is exacerbated by factors such as limited land availability, regulatory constraints, and the influx of wealthier buyers, including those purchasing second homes or investment properties. This situation has led to a growing concern about the displacement of local residents and the sustainability of Maui's communities.

Read the Full KITV Article at:
[ https://www.kitv.com/news/buying-a-home-on-maui-impossible-for-a-typical-family-researchers-say/article_5f9b081c-849d-4137-a7d2-5802fb44a9c4.html ]