...of homeowners owe more on their mortgage than what their home is worth. Rising home values in California, however, is not a good sign for affordability, as Trulia reported that...
Read More »Search Results for: Affordability
The Nation’s Hottest Real Estate Market Is…
...for affordability, and smaller metros in the Midwest and Northeast performed better than high-priced California markets. “Overall, the slowdown is taking over across the board, and it’s concentrated in the...
Read More »NFIP Reforms Approved by House Financial Services Committee
...would reauthorize the NFIP for five years and includes numerous reforms to increase affordability, mapping and modernization. The bill to reauthorize the NFIP was introduced by Rep. Maxine Water, Chairwoman...
Read More »Mortgage Rates Break From New Norm
...a topic of the National Association of Home Builders (NAHB) in June, as the NAHB stated tariffs on $10 billion worth of building materials has impacted housing affordability. According to...
Read More »The Best States for Homeowners
...overall affordability, behind Alabama. CoreLogic reported that affordability continues to improve across the nation, and home buying power has reached 2017 levels after an 11-month slowdown. Fleming states that the...
Read More »The Impact of Taxes on Closing Costs
...and 3%, respectively. However, many of the states with the highest closing costs identified by ClosingCorp have been hampered by low affordability. According to Trulia, only 9.3% of ZIP codes...
Read More »Industry Reacts to May Jobs Report
...shows that in nearly three-quarters of the hundred largest metro areas, housing affordability has improved compared to last year due to higher incomes, falling mortgage rates, and slowing home price...
Read More »Are Rising Home Prices Impacting Purchase Sentiment?
...housing affordability, potential homebuyers still face supply constraints. Additionally, while the survey recently resumed its upward trend, consumers’ sense of income growth and job security have moved lower from the...
Read More »Waters on National Flood Insurance Program: “Room for Improvement”
...McHenry, Waters said that affordability would be the focus of the new plan. "Although premium increases were slowed with the passage of the Homeowner Flood Insurance Affordability Act, there is...
Read More »Regulations, Tariffs, and Affordable Housing
...have impacted housing affordability. According to the report, regulations account for 25% of the price of a single-family home, and 30% of the cost of a multi-family development. “Removing regulatory...
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