...personal financial situations, it’s unlikely we’ll see housing sentiment catch up to other broader economic confidence measures until there is meaningful improvement to home purchase affordability,” said Doug Duncan, Fannie...

...are far past affordability, even in [those] secondary cities.” “It’s not just the concept of a starter home that’s pretty much disappeared, but the home itself — in main markets,...

...solutions when they find a way to work together. What the JCHS analysis showed: The rise in mortgage interest rates, inflation, and growing concerns about affordability and the economy all...

...of affordability. If the moving average of the monthly growth rate of four of the eight indicators is negative for at least three consecutive months, then a housing recession has...

...as the metro pair for Chicago for shoppers seeking tech jobs, easy air transportation and warmer weather. "Housing affordability isn't likely to improve anytime soon, so it's not surprising to...

...today’s high mortgage rates. The drop in for-sale inventory was met with the typical seasonal pick-up in buyer demand, despite affordability constraints, which propped up home prices. In the second...

...driven mainly by weaker conventional purchase application volume, as limited housing inventory and rates still close to 7% are crimping affordability for many potential homebuyers. The refinance market continues to...

...spending,” said Selma Hepp, Chief Economist for CoreLogic. “And while higher mortgage rates are impacting affordability for buyers with loans, almost four in 10 sales are all-cash transactions. Also, most...

...but shot up since the pandemic came to our shores due to record-low mortgage rates and remote work, but now rising mortgage rates are exacerbating the affordability crisis, especially for...

...first time nationally. Home values climbed in all of the 50 largest metro areas for a second consecutive month. These higher home prices are compounding affordability challenges for buyers who...