...the largest employee growth occurred in the math sciences, home healthcare and material moving sectors To make it to the affordability list, each profession needed to earn no less than...
Read More »Search Results for: Affordability
Purchase Apps Hit Month-Long Slide
...of total applications. As high rates and inflation continue to place affordability pressures on prospective buyers, many are choosing to sit on the sidelines and wait out the current storm...
Read More »Consumers Continue to Express Pessimism About Homebuying Conditions
...would obviously be welcome news for potential first-time homebuyers, who are likely feeling the combined affordability constraints of the high home price and high mortgage rate environment. In fact, the...
Read More »Home Price Growth Takes a ‘Decisive Turn’
...CoreLogic. “And even though annual price growth remains in double digits, the month-over-month decline suggests further deceleration on the horizon. The higher cost of homeownership has clearly eroded affordability, as...
Read More »Utilizing Tech to Curb the Affordability Crisis
...to provide increased affordability with solutions that reduce student loan debt, create affordability through debt consolidation, provide increased purchasing power to self-employed borrowers, qualify using alternative credit, and leverage other...
Read More »Wells Fargo Commits $2B to Support Housing Affordability
Wells Fargo has issued its second Inclusive Communities and Climate Bond, a $2 billion bond that will finance projects and programs supporting housing affordability, economic opportunity, renewable energy, and clean...
Read More »Housing Activity Expected to Experience Moderate Retreat
...with EBITDA margins contracting 600bps during the two-year period. U.S. Housing Activity US GDP growth, unemployment, consumer confidence and home affordability are key indicators that could cause Fitch Ratings' to...
Read More »Home Sellers’ Survey: A Look at ‘Slowing Real Estate Fundamentals’
...surged 60% higher. In turn, higher prices and borrowing costs have been cooling demand, as many first-time buyers hit an affordability ceiling, finding they were no longer able to qualify...
Read More »‘Shrinkflation’s’ Impact on High-End Homes
...were elevated during the pandemic, but have slowed in recent months as affordability challenges have pushed many buyers to the sidelines,” Prakash wrote. “The recent move of the market toward...
Read More »Home Prices Lose Steam in June
...to be challenging, home prices may well continue to decelerate.” Buyers are still faced with affordability issues, as Freddie Mac reported just last week that the fixed-rate mortgage hit 5.55%,...
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