...the affordability equation for many, the struggle of the nation’s housing inventory has breathed new life into new construction as described by NAHB Chairman Alicia Huey. “The lack of resale...
Read More »Search Results for: Affordability
Existing-Home Sales Settle in June
...rising mortgage-rate era, existing-home sales have declined by approximately 30%. While higher mortgage rates reduce affordability, existing-home sales, historically, do not always fall when rates rise. In fact, existing-home sales...
Read More »New Residential Construction Drops in June
...sales expectations fell.” “There remains pent-up demand in the housing market, but higher mortgage rates put a strain on affordability. Mortgage rates were 6.67% in the week ending June 22nd....
Read More »Small Single-Family Homes Rank the Rarest to Find
...dent in the affordability crisis by freeing up some inventory and bringing monthly payments down. But there are a few other things that would boost turnover and help make homes...
Read More »Grappling With the Nation’s Housing Cost Burdens
...with housing cost burdens, overall priced out of homeownership, or without shelter at all. Beyond the challenge of affordability, public and private investments are needed to mitigate the risks to...
Read More »Blog: Is Homeownership Still the American Dream?
...maintain neighborhood affordability, and provide an improved wealth-building opportunity relative to renting. Increase the supply of affordable housing. A combination of supply-side interventions to encourage high-density construction, providing incentives for...
Read More »Homebuyers Persist as Average Home Price Hits Record High
...sellers who are reluctant to sell their homes in fear of taking out a mortgage at a higher rate. "Home buyers have persisted this spring despite daunting affordability challenges and...
Read More »Keeping Afloat
...play. Forces are pushing and pulling at the housing industry from multiple angles as buyers struggle with affordability issues amid ongoing fears of an economic recession. The Mortgage Bankers Association’s...
Read More »Measuring the Resiliency of the U.S. Housing Market
...about housing and urban policy and is an advocate for increased mobility and affordability. He laid the framework for our migration data and reports and diligently tracks the housing market...
Read More »Market Monitor: Locks Move South in June; Credit Availability Tightens
...the housing market has been reheating as we approach the traditional tail end of the homebuying season," Walden said. "What's clear is that continued economic uncertainty, tightening credit and affordability...
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