...range of their benchmark averages on Freddie Mac’s Multi-Indicator Market Index (MiMi). The biggest improvements occurred in the South, whereas markets in the West are continuing to have affordability issues,...
Read More »Search Results for: Affordability
Affordability Reigns in Major Markets
Some recent reports have indicated that home price appreciation is outpacing wage gains, thus crimping affordability in the single-family housing market. One analysis found, however, that when house prices are...
Read More »Home Price Appreciation Regains Momentum
...home prices in 14 cities were higher in August than in July. Other housing data including sales of existing single-family homes, measures of housing affordability, and permits for new construction...
Read More »The Week Ahead: Waiting for Housing Starts to Re-Start
...The industry will see how existing-home sales fared in September when the NAR publishes the September 2016 report on Thursday, October 20. With affordability being a concern in some markets...
Read More »Lower Migration . . .What About Origination?
...own homes. Are Americans moving less because of post-crisis housing affordability issues or increased land-use regulations? Not likely. The Fed’s research shows that migration has dropped even in states with...
Read More »Housing, We Have a Student Loan Debt Problem
...to only 17 percent of those without student loan debt. Those surveyed are divided evenly as to their opinions on affordability; 45 percent said they believe that homes in their...
Read More »The Not-So-Slow Slowdown of Existing-Home Sales
...With affordability being a concern in some markets because of price appreciation outpacing wage growth and job gains, on the surface it seems like existing-home sales are down after hitting...
Read More »Is An Affordability Crisis Brewing?
...peaks in some markets. With home prices nationwide having appreciated by 6.2 percent over-the-year in August and showing little signs of slowing, affordability is becoming a bigger problem, according to...
Read More »Home Price Appreciation: What it Means for the Market
...higher prices reflect higher rents and reflect an increasing affordability problem. Are people refinancing also? They are, although because of HARP, people who have Fannie or Freddie loans can refinance...
Read More »Existing-Home Sales Outlook is Not So Pretty
...a strain on sales growth, particularly as the resulting price gains erode affordability, but demand for housing remains elevated nonetheless,” Ten-X stated. “The labor market is adding jobs at a...
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