...strong, but it’s hardly shocking in such a tight market,” Contos continued. “The headwinds of rising prices and interest rates amid already tight inventory levels have been crimping affordability and...
Read More »Search Results for: Affordability
Builders Bet on the Housing Market
...they would "need to manage supply-side costs to keep home prices affordable." “Unless housing affordability stabilizes, the market risks losing additional momentum as we head into 2019,” Dietz said. Additionally,...
Read More »The Week Ahead: Gauging Housing Market Conditions
...with increasing household formations should boost demand for new single-family homes moving forward,” said Robert Dietz, Chief Economist at NAHB. “However, housing affordability is becoming a challenge, as builders face...
Read More »Bringing the American Dream to Veterans
...now, while the rates are still low. They are likely to go higher, so now is the time to get maximum affordability. M // Are you seeing more people struggling...
Read More »Rising Rates and Housing
...Bank, rising rates have not only limited refinance activity for mortgage lenders but are now starting to affect home affordability for would-be buyers too. “We’re entering the most challenging part...
Read More »Mortgage Apps and DTI Ratios
...Citing the reason for higher application DTIs, Mayer said that they were most likely a reflection of the "erosion of affordability as home prices have risen much faster relative to...
Read More »Recycled Housing is Answering Housing Concerns
Paul Gavin of SG Blocks discussed some of the pressing issues facing today's housing market including the affordability crisis with reporter David Wharton at the recent Five Star Conference....
Read More »Homebuyers Optimistic Despite Affordability Fears
On Monday, Fannie Mae’s Home Purchase Sentiment Index (HPSI) showed little change since September, dropping slightly from 88 to 87.7. Three of the six major factors used to assess the...
Read More »Home Prices, Mortgage Rates, and Millennials
...of first-time homeowners. This situation is perceived as one of the major conditions underlying the problems with affordability in the housing market today. Of those surveyed who say they cannot...
Read More »The Power of Homebuyer Choice
...annual inventory growth are located. Half of all homes available for sale are to be found in these higher-end markets. The report found, however, that housing affordability still continues to...
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