...impact housing affordability, the number of homes available for sale, and people's housing choices for years to come, according to new reports released by Bright MLS. The research, which was...
Read More »Search Results for: Affordability
Nearly 2.5 Million U.S. Households Moved Into SFR Homes Over the Last Year
...constraints and affordability concerns, single-family rental homes serve to enhance and expand the diversity of housing opportunities available to American families.” NRHC is a nonprofit trade association representing the SFR...
Read More »Racial Equity Gap: A Call to Action
Due in part to the current affordability of homes and home loans, racial inequity, along with an ever-growing wage gap, has risen to a crisis level throughout the country according...
Read More »Unexpected New Listings Drop Home Prices for Third Straight Month
...rates, and limited inventory, making affordability a continued concern," said Danielle Hale, Chief Economist for Realtor.com. "The number of homes for sale is likely to remain low as higher mortgage...
Read More »Homebuyer Demand Scales Back as Mortgage Rates Remain at 20-Year Highs
...drop before the end the year, providing some relief to prospective homebuyers heading into 2024.” As affordability continues to elude many, prospective buyers nationwide remain locked-in to their current situation,...
Read More »Asking Rents Level Off in September
...in supply is not the only factor that has caused rents to flatten; slowing household formation, economic uncertainty and affordability challenges have also contributed. Regionally, in the Midwest, the median...
Read More »HUD Awards $160M to Non-Profits
...rest of the grants will go towards building 526 affordable and market-rate units for a total of 1,788 homes. “These awards increase housing affordability and stability for seniors who are...
Read More »139 Straight Months of Home Price Growth
...Maine, Vermont and Rhode Island seeing the largest year-over-year price gains in August. “While continued mortgage rate increases challenge affordability across U.S. housing markets, home price growth is in line...
Read More »What Challenges Lie Ahead for U.S. Real Estate Firms
Housing affordability, maintaining housing inventory, and keeping pace with tech advances were among the biggest challenges cited by firms in the next two years, according to the 2023 Profile of...
Read More »Purchase Mortgage Apps Fall to 28-Year Low
...prior. As if rates were not posing enough of a challenge for many, home prices on the limited number of homes available are also playing a key role in affordability...
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