...home are located. Some factors WalletHub took into account was affordability, including housing costs, and economic health. North Dakota was the top-ranking state on Wallethub’s overall list, but number two...
Read More »Search Results for: Affordability
Home Prices to Appreciate 3.5 Percent Annually
...signs of cracking,” Fox said. “These markets are predominantly very expensive, and interest rate increases significantly soften demand for consumers on the margin of affordability.” The Bay Area of California...
Read More »Existing Sale Prices Looking Up for March
...growth continue to be strong, creating affordability concerns in some markets," said Peter Muoio, chief economist at Ten-X. "It's possible that higher mortgage rates may contribute to more affordability obstacles...
Read More »Serving a New Kind of Buyer
...new solutions that offer homebuyer empowerment and easier access to credit, affordability, access to parent lending programs, down payment protection programs, and no mortgage insurance programs. These innovations will help...
Read More »Low Inventory Hinders High Rates of Pending Home Sales
...for are unfortunately the most difficult to find and ultimately buy," said Yun. "The country's healthy labor market is translating to greater job security, but affordability is not improving because...
Read More »Home Prices Could Level Off Under Higher Interest Rates
...and lower affordability, could see as much as a 10 percent dip in home prices if rates increase more than anticipated, the report stated. Beyond predictions, Pro Teck identified the...
Read More »Homeownership Rates Linked to Decrease in GDP
...minority households, and a growing number of single-parent and one-person households. Unless policies are created to provide access and affordability for these groups, the prediction is that low home ownership...
Read More »Lender Optimism High, Profits Low
...for the weak profit margin outlook. With mortgage rates expected to rise, we expect refinance activity will fall and purchase affordability will tighten, increasing competitive pressure in a shrinking mortgage...
Read More »Affordability, Buying Power Drop as Prices Rise
Housing affordability saw steep declines across the nation over the past year, with real house prices jumping 8.2 percent since January 2016, according to the Real House Price Index released...
Read More »Spring Housing Race Brings Higher Prices and Multiple Offers
...pinch in areas where marketing time is already lightning fast.” He said that this situation coupled with the already precarious affordability situation for buyers can lead to a self-fulfilling prophecy...
Read More »