The National Association of Realtors expects home sales numbers to grow this year, but at the expense of affordability. A new report by NAR and Realtor.com stated that existing-home sales...
Read More »Search Results for: Affordability
Timing is Key for Economic Growth
...horizon, and it is coming at a faster rate. "We expect the housing expansion to continue, albeit at a more moderate pace than last year given continued pressure on affordability....
Read More »Rising Rates Detrimental to Affordability
According to the Q4 2016 Housing Affordability report from Zillow released on Thursday, mortgages rates and home values are showing substantial growth, causing homeowners to increase put more of their...
Read More »Housing Permits, Completions Gain Momentum
...approach could translate to a reduction in regulations on home builders, and an easing of credit requirements for home buyers,” he said. “Without any action we expect affordability concerns to...
Read More »Experts Predict a Jump in Home Values
...housing market. Overwhelmingly, “rising mortgage rates and their impact on mortgage affordability” took the top spot. “While still low by historical standards, as rates rise, monthly payments for same-priced homes...
Read More »Home Prices Hit Peak Across the Nation
...Metropolitan Median Area Prices and Affordability Report for Q4 2016 revealed that sales prices in more than 50 percent of all measured markets are now either at or higher than...
Read More »Which Southern City Was Named Best Place to Live?
...account factors like housing affordability, quality of life, and job prospects, the Best Places to Live listing ranks the 100 largest metropolitan areas in the United States. Though Austin took...
Read More »Confidence in Housing Surges
...are realized in the form of income gains sufficient to offset constrained housing affordability,” Duncan said. “If consumers’ anticipation of further increases in home prices and mortgage rates materialize over...
Read More »All Eyes On Affordability
...a median priced home. Due to the fluctuating landscape of the housing market, affordability was always a wildcard for homebuyers. The Mortgage Monitor stated that the home affordability is under...
Read More »Buyers Willing to Compromise for the American Dream
A lack of affordability in the U.S. housing market is driving buyers to make big compromises in their savings plans and in what they want in a home, according to...
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