The Federal Housing Administration (FHA) announced on Wednesday new regulations and policies for the condominium approval process, aimed to help affordability for first-time buyers. New rules and the new “Condominium...
Read More »Search Results for: Affordability
Prospective Homebuyers Shying Away From the Housing Market
...Q4 2017. Additionally, 59% of prospective buyers in the poll showed they have never owned a home before, which is down from last year’s 63%. Despite affordability issues across the...
Read More »Housing Inventory Takes a Hit in Q2
...toward offering smaller, more affordable homes,” said Redfin chief economist Daryl Fairweather. “While this change was a clear and long-needed response to homebuyer demand and tastes amid an affordability crisis...
Read More »Why Housing Remains a Challenge for Californians
Increased construction needed to ease the ongoing affordability and housing supply crisis in California is not happening any time soon. According to a report by the Los Angeles Times (LA...
Read More »Eileen Fitzgerald to Oversee Wells Fargo’s Housing Affordability Philanthropy
...will lead housing affordability grant making, collaborative efforts with nonprofits intended to create positive impact, and initiatives intended to strengthen the national housing affordability movement. Fitzgerald is a graduate of...
Read More »The Growing Alternative to Homeownership
...reasons for the rise of these built-for-rent homes was diminishing affordability. The post, written by BSB Design, said that transitioning from a multifamily property to a single-family home was a...
Read More »Homebuyers Spending Big Money in the Big Cities
...of 5% of better. “Housing unaffordability will hinder sales irrespective of the local job market conditions,” Yun said. “This is evident in the very expensive markets as home prices are...
Read More »GSE Tracking Consumer Confidence
...16% and 24%, respectively. “Consumer job confidence and favorable mortgage rate expectations lifted the HPSI to a new survey high in July, despite ongoing housing supply and affordability challenges,” said...
Read More »Surprising Markets Named Hottest in the Nation
...growth has caused affordability to reach an 18-month high. “For much of the past year and a half, affordability pressures have put a damper on home price appreciation,” said Black...
Read More »Analyzing the Housing Market Amid Trade, Economic Turmoil
...lower end of the housing market, accelerating prices here beyond the added tariff expense, and worsening the affordability and availability problems in this part of the market,” Kapfidze said. A...
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