Tight inventory has kept upward pressure on home prices, but affordability has been sustained for much of 2016 by solid job growth and near-record low mortgage rates. But now that...
Read More »Search Results for: Affordability
Southern Metros Dominate Top Performing Markets
While housing affordability has taken a bit of a hit nationwide as of late, particularly in the West, the South has made some impressive gains recently, creating a “new dynamic...
Read More »A Closer Look at What Lies Ahead
...which is faster than incomes have risen, so affordability is getting a little squeezed. If you loosen the underwriting guidelines a little bit, nothing like what we had back in...
Read More »A New Chapter: Predicting the Market Under Trump
...put upward pressure on both prices and rents and create affordability problems. In turn, those affordability problems are expected to get worse over time. Given that Trump is a businessman...
Read More »Housing Affordability Takes a Hit
Continuous home price appreciation outpacing declines in mortgage rates made a dent in housing affordability in the third quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity...
Read More »A New Chapter: The Trump Effect on Regulation
...equally as important as demand for mitigating affordability pressures, and we advise President-elect Trump to take a more balanced approach to the housing market as President Obama.” Since Trump is...
Read More »The ‘Balancing Act’ Between Low Interest Rates and Home Prices
...affordability ratio up to 21.5 percent of median income. That would make affordability the highest it's been post-crisis. With a 1 percent rise in rates, the payment-to-income ratio would potentially...
Read More »New GSE Changes Bring Comfort to Lenders
...the classic housing affordability issues that are holding things back from our side as lenders. Qualifying on the upper end is still the biggest issue you'll hear mortgage bankers talk...
Read More »House Prices and the Possible Fed Effect
...year. What areas of housing do you think need improvement right now? I think there's the question of affordability. That is something that's going to become more and more pressing...
Read More »Here are the Markets Attracting Single-Family Renters
...want in, but many want out at the same time. In San Jose and San Francisco, where housing affordability has deteriorated to crisis levels, Zillow reported, renters seeking to move...
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