...in home sales and the stagnation in new home inventory will continue to exacerbate the national inventory shortage which will result in even higher prices and lower affordability.” The median...
Read More »Search Results for: Affordability
“Trading Up” Not so Easy in These 10 Cities
...out a large crowd of buyers who are financially ready." Realtor.com ranked the 100 largest U.S. metros by seven criteria: affordability of trade up homes, price gap between starter and...
Read More »Economy Experts Present Midyear Forecast
...being projected at a decade high, supply, affordability, and modest economic growth point towards a subdued homeownership rate. Current sales are also at a decade high with the first quarter...
Read More »Low Inventory Impacted by Stagnant Home Starts
...increases and housing starts pick up the pace, expect continued supply shortages in many housing markets,” Fleming continued, “Good for prices and homeowners, but an affordability challenge for the Millennial...
Read More »Fannie Expecting Q2 Rebound. Again.
...rates,” Duncan said. “However, the tight supply of homes for sale continues to act as both a boon to home prices and an impediment to affordability.” Despite some recent troubles...
Read More »Coast to Coast, Realtors Report Strong Housing Gains
...price declines and higher household income, California’s housing affordability increased, according to the California Association of Realtors’ (CAR)Traditional Housing Affordability Index (HAI). According to the organization, California C.A.R buyers who...
Read More »30 Metro Areas Experienced Double Digit Increases In Home Price
...chief economist Lawrence Yun said supply shortages have led to faster price appreciation nationally. The report, titled the Metropolitan Median Area Prices and Affordability and Housing Affordability Index, found that...
Read More »Housing Affordability Inches Upward
Housing affordability is finality starting to improve—albeit incrementally, according to the Housing Opportunity Index released by the National Association of Home Builders (NAHB) and Wells Fargo on Thursday. In the...
Read More »Seattle, Detroit, Baltimore Best for Recent Grads
...you can spend a bit less on housing without giving up too much on the job options.” Detroit came in at No. 3 in terms of living affordability, while nearly...
Read More »Freddie Mac Sees Decline, Pays $2.2B to Treasury
...mission to responsibly provide liquidity, stability, and affordability to the nation’s mortgage markets, and doing so in a taxpayer efficient manner,” said Donald Layton, CEO of Freddie Mac. In total,...
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