...to a report by the Sacramento Bee. The bill amends many aspects of the housing crisis in the state, from affordability to zoning to low-income housing opportunities. They also seek...
Read More »Search Results for: Affordability
Millennials Over-Extending When it Comes to Home Buying
...with inventory and affordability issues. In all, 53 percent of younger potential homebuyers are forced to make multiple offers in order to secure their first home, and only 39 percent...
Read More »Home Affordability Continues to Decline
...rates to determine home affordability and home-buying power. According to the report, affordability is down from June to July, 0.4 percent month-over-month and 4.2 percent year-over-year. Real home prices increased...
Read More »Mortgage Industry Roundtable: Inventory Woes, Part 2
...prices is that earned income averages don't rise with home prices. Essentially what happens is consumers have to take into account affordability. In order for the market to start moving...
Read More »Mortgage Industry Roundtable: Inventory Woes
...affordability. If these price indices high, and prices coupled with an increased interest rate, there's no incentive for them to move or to upgrade their home. They got a pretty...
Read More »All the Single Ladies
...stability homeownership provides,” Lautz said. “For single-female homebuyers, affordability is key, as they are single-income earner households. Single-female buyers could be more attracted to areas that are out of city...
Read More »Rate Hike Incoming?
...Asia head, told CNBC's "Squawk Box," on Monday. “I think that will be a logical conclusion." Interest rate hikes could mean higher mortgage rates and, in turn, affect home affordability....
Read More »Raising a Family? Consider Buying a Home in These Top Cities
...include affordability, health and safety, family fun, education, and childcare. Using those dimensions, WalletHub’s analysts compared the most populated cities across the nation to develop its list. So which cities...
Read More »Top 5 Metros Experiencing Home Price Appreciation
...of unsold homes. "While mortgage interest rates remain low, affordability cracks are emerging as over a third of U.S. top cities are now overvalued,” Martell said. Taking a deeper look...
Read More »Duty Calls
...significant barriers to homeownership, making it difficult to save for a down payment and pay down other debts. Home affordability has three primary components: home prices, borrower income, and interest...
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