...rates remain close to 4 percent and affordability is not a significant issue.” Ultimately though, Blitzer thinks we don’t need to worry about another crash—at least not yet. “The question...
Read More »Search Results for: Affordability
Lenders are Loosening Up … But Why?
...home dropped to a record low. The results of both surveys mirror the ongoing narrative for housing: Tight inventory has pushed up home prices, which is weighing on affordability and...
Read More »Attention Homeowners: You Could Fix the Housing Shortage
...out while contributing to price appreciation that remains far above income growth.” Yun added that low housing turnover is one of the roots of the ongoing supply and affordability problems...
Read More »The Week Ahead: What the Latest Housing Data Will Tell Us
...from 38 percent in 2012. Total serious delinquencies resumed decline in Q1 2017 after the seasonal uptick in Q4 of 2016. Despite rising house prices and worsened affordability, increased first...
Read More »Home Prices Surge . . . but Why?
...to delay or postpone their home search because low supply is leading to worsening affordability conditions.” The next monthly NAR Existing Home Sales Index will be released on July 24....
Read More »Low-Income Homeowners Feeling Same Struggle As Renters
...as renters. Housing shortages have sparked increasing home prices over the last few months and a higher share of homeowners and renters are facing affordability issues— a quarter of renters...
Read More »Gap Widens Between Most, Least Expensive Cities
...finding the bottom.” Whether or not that happens will depend on affordability, which the Center’s report shows is on the downslope. According to the report, about 19 million U.S. households...
Read More »First Time Homebuyers: Where’s the Value?
...“neighborhood value score” which takes into account the cost of living and level of amenities. They used listing prices and their measure of entry-level affordability, then added measured school information,...
Read More »Early-Stage Mortgage Delinquency Falls to Lowest Since 2000
...shifts its focus toward solving supply shortages and looming affordability crises in an increasing number of markets.” On the opposite end of the spectrum, early-stage delinquencies, or 30-59 days past...
Read More »Mortgage Payments Unaffordable in Most U.S. Markets
...reached during the housing bubble, concerns about housing affordability also returned, despite low mortgage rates keeping monthly payments relatively affordable. The large down payments that come with high prices are...
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