...month-over-month, and a 0.4 percent year-over-year increase. "The significant shortage of listings last month along with deteriorating affordability as the result of higher home prices and mortgage rates kept many...
Read More »Search Results for: Affordability
Mortgage Performance Continues to Improve
...affecting affordability and sustainability of the loan. The remaining 6.7 percent were not assigned a loan modification type. Of the 32,312 modifications, 89.3 percent successfully reduced the loan’s pre-modification monthly...
Read More »The Fed Funds Rate: Good for the Housing Market?
...to enter, opting to stay on the sidelines. Lower affordability and less demand certainly don’t paint a pretty picture. Fortunately, conventional wisdom is often wrong, and there are several reasons...
Read More »The Week Ahead: Looking to Continue Prosperous Home Sales
...a prosperous start as homebuyers staved off inventory levels that are far from adequate and deteriorating affordability conditions." "Competition is likely to heat up even more heading into the spring...
Read More »Home Sales Boom Amid Disappearing Inventory
...four percent. However, one in four homebuyers said they would either search in a different neighborhood or purchase a smaller home. Notwithstanding affordability concerns and low inventory, February still proved...
Read More »The Week Ahead: Measuring Market Confidence
...scheduled to release on March 15 at 10 a.m., and we will find out if builder confidence will trump affordability. Upcoming News NFIB Small Business Optimism Index, Tuesday 6 a.m....
Read More »Housing Market Improves in 33 Top U.S. Markets
The U.S. housing market remains in healthy condition as purchase and rental affordability improve marginally despite a drop in the number of homes for sale, according to the Housing Tides...
Read More »Economic Diversity Rises Bringing Home Prices With it
On Thursday, Trulia released a housing trends report that found that in the last five years while expensive neighborhood prices maintained their high-prices, previously moderately-priced neighborhoods are seeing affordability fall....
Read More »The Gap in Housing is Growing Along Gender Lines
...on average, a single man can afford a starter home, while a single woman cannot. Affordability in this case is based on the average consumer spending at at most 30...
Read More »Top 10 Best and Worst States for First-time Buyers
...large attractive to young millennials, they are the for first-time buyers to purchase in due to lack of affordability. On the other hand, the best locations for potential buyers to...
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