...rehabilitation of 500,000 homes for middle- and low-income families. “Between labor shortages and record inflation to depressed inventory and budgetary restrictions, the cost of building a home has skyrocketed and...
Read More »Search Results for: inventory
Despite Small Gains, Home Price Growth Remains Near 11-Year Low
...U.S. However, as the Western region of the nation is struggling with a lack of housing inventory, prices in that region are likely to remain elevated over the long term....
Read More »Looking to Save on a New Home? Look Here First
...interest rates, high prices, and squeezed inventory create a cocktail doomed to make some people postpone homebuying — and others rethink the decision altogether. It’s essential for aspiring homebuyers to...
Read More »To Get Into the Housing Game, You Must Earn at Least $64,500
More bad news for those looking to get into the game of housing: due to rising costs, interest, low inventory and other factors, the typical first-time homebuyer must earn an...
Read More »How Are Mortgage Rates Impacting Home Sales?
...(NAHB) reports that low existing inventory is keeping demand solid for new homes, which helped push builder confidence up in July. Builder confidence in the market for newly built single-family...
Read More »Northeast and Midwest Pending Home Sales Rebound in June
...Yun concluded. "Home prices will be influenced by how much inventory is brought to market. Increased homebuilding will tame price growth, while limited construction will lead to home price appreciation...
Read More »Homebuyer Affordability Remains Constrained as Purchase Apps Slip in June
...178.5 in June. “Homebuyer affordability is still strained this summer, with mortgage rates remaining high and volatile, and home prices high because of low inventory,” said Edward Seiler, MBA’s Associate...
Read More »Industry Insights: Breaking Down the Fed’s Shift on Recessionary Forecast
...inventory once again a critical issue. The higher mortgage rates triggered by the Fed’s policy have caused more sellers to sit on the sidelines given the large differential between the...
Read More »Surge in Equity-Rich Homes Continued in Q2
...resources in the hands of house hunters during a time of rising demand and tight housing inventory. Largest increases in equity-rich share of mortgages spread across Midwest The portion of...
Read More »Mortgage Rates Push Slightly Upward
...cite affordability concerns keeping them on the sidelines as they wait out and seek a cooling of rate, a drop in home prices, a rise in inventory, or combination of...
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