...will be to identify policies which artificially increase the cost of homeownership and reduce regulatory burdens. Nationally, affordability has been the primary roadblock to homeownership, according to First American’s Real...
Read More »Search Results for: Affordability
Minorities Struggle to Secure Homeownership
...mortgage rates boosting affordability and stimulating demand, 40% of survey respondents indicated that affordability is the primary obstacle to becoming a homeowner – this is not surprising as house prices...
Read More »Studying Affordability Across the Nation
According to Unisom’s 2019 Home Affordability Report, it now takes 14 years for those making a median income to save for a 20% down payment on a median-price homes, meaning...
Read More »The Urban Shift Away from Single-Family Housing
...crises over housing affordability, racial inequality and climate change.” Minneapolis will end single-family zoning city wide as well, across zoning on 70%of the city’s residential land, or 53% of all...
Read More »What’s Standing in the Way of Homeownership?
...Mark Fleming, chief economist at First American. “However, despite lower mortgage rates boosting affordability and stimulating demand, 40% of survey respondents indicated that affordability is the primary obstacle to becoming...
Read More »Finding the Best Housing Market for Beach Living
...No. 1 in quality of life, 15th in safety, 41st in economy, 51st in affordability, No. 101 in weather, and 61st in education and health. To assemble the list, WalletHub...
Read More »Homebuilders Remain Confident, For Now
...of lots and lack of skilled labor that are hurting affordability and depressing supply.” Breaking up the data by regional three-month averages, the HMI indicated that the South was the...
Read More »Revised Economic Outlook
...sales in 2019 remains unchanged,” Duncan continued. “Moderating home price appreciation and attractive mortgage rates continue to support affordability, particularly as home builders are now paying more attention to the...
Read More »Studying Housing Affordability with Wedding Costs
Redin.com revealed in a new study that Detroit, Michigan, Pittsburgh, Pennsylvania, and Cleveland, Ohio, were the most affordable places for couples to get married, and cover their down payment on...
Read More »The Week Ahead: An Overview of the Housing Market
...driven by improved demand and ongoing low overall supply,” said NAHB Chairman Greg Ugalde, a home builder and developer from Torrington, Connecticut. “However, affordability challenges persist and remain a big...
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