...unusually high home prices compared to historic norms of affordability. By metro, Miami and Lakeland in Florida have the highest Risk Index values. Arch notes that the Lakeland area is...
Read More »Search Results for: Affordability
CFPB and the Qualified Mortgage Patch
...improve housing affordability, "it needs to expand the role of private markets through increased competition." Writing for Forbes, Norbert Michael, Director of the Center for Data Analysis at The Heritage...
Read More »Home Building Drags as GDP Increases
...drag on economic growth for six consecutive quarters, due to the housing affordability crisis. The Federal reserve will soon be meeting to discuss whether to slash interest rates for the...
Read More »Home Prices a Decade After the Great Recession
...are going up faster than incomes, and that's led to some of the affordability challenges that we see in the market," said Danielle Hale, Chief Economist of realtor.com. "Homes were...
Read More »How Mortgage Payments Can Stoke Demand
...on each month’s U.S. median home sale price. Additionally, a typical mortgage payment also helped to measure the impact of inflation, mortgage rates, and home prices on affordability over time....
Read More »Opposition to Legislation That Could Harm Housing Affordability
The National Association of Home Builders (NAHB) announced it opposes the Energy Savings and Industrial Competitiveness Act, stating it would mandate “overly costly” requirements that would harm housing affordability. The...
Read More »Analyzing Hurricane Barry’s Impact on Housing
...transparency of claims process in the aftermath of Hurricane Sandy, and H.R. 3167 would reauthorize the NFIP for five years and includes numerous reforms to increase affordability, mapping and modernization....
Read More »Housing in the Low Mortgage Rate Environment
...sheets, low mortgage rates, and a surge in refinance activity,” Duncan continued. “However, the housing industry still doesn’t have an answer for the related problems of low supply and affordability....
Read More »The Decline of Single-Family Housing Authorizations
...Washington have seen the greatest increases in maintenance spend year over year, which may indicate a relationship between elevated construction costs and national affordability challenges. We expect that construction spending...
Read More »The Best Large Cities to Live in
...San Diego’s affordability ranking was among the worst in the nation, coming in at No. 51. New York, New York, had the nations’ worst affordability ranking, but the best quality...
Read More »