With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market.
Read More »Job Gains Weaken, But is the Labor News All Bad?
The labor market was the strong point of the U.S. economy in the last quarter of 2015, with an average of 284,000 jobs added in the last three months of the year.
Read More »Homebuilding Upturn Expected Heading into Spring
Homebuilders may be busy heading into the spring homebuying season, which according to Fitch Ratings, is traditionally more upbeat than the rest of the year.
Read More »A Tick or a Trend: Will GDP and Employment Numbers Continue to Perform Well?
While it may be too early to declare a trend, what will it mean if these two central measures of the economy continue on the paths they’ve taken the last two years?
Read More »Mortgage Rates Decline for 5th Consecutive Week, Refis Anyone?
Just when the industry thought mortgage interest rates could not get any lower, they dropped further for the fifth consecutive week.
Read More »Homeowners on Fast Track to Break Even on Purchases
When deciding whether or not to buy or rent a home, purchasing a home is typically more favorable in many of today's housing markets, depending on how long a buyer plans to stay, but one generation still struggles with the buy vs. rent decision.
Read More »Is Bidding Back? More Homes Selling for List Price or Higher
Strong demand and thin inventory across housing markets is causing increased competition among buyers and homes to sell for the asking price or more.
Read More »Why Seniors are an Important Part of the Housing Economy
The 55 and older population is often overlooked—especially when the spotlight has been on millennials for so long—but they are a large part of the housing market
Read More »Mortgage Application Volume on the Decline
Although mortgage interest rates continue remain at historical lows, potential buyers are steering clear of the housing market.
Read More »Is Getting a Mortgage Loan Becoming Easier?
Credit standards among mortgage lenders tend to change with overall economic conditions. A survey from the Federal Reserve shows that credit standards may be easing among lenders, but will this change be in the best interest of the housing market?
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