...is lacking overall in 80 percent of measured metro areas. When combined with the scant supply levels for existing homes, these tight inventory conditions continue to hamper affordability in many...
Read More »Search Results for: Affordability
Improved Affordability? In Some Places, But Not All
...nearly a quarter of U.S. housing markets, according to ATTOM Data Solutions Q3 2015 Home Affordability Index released Thursday. ATTOM’s analysis showed that 24 percent of housing markets were less...
Read More »Energy States Most Likely to See Price Drops
...housing market include affordability, job growth, a shortage of housing, rising rents and underpriced or fairly valued housing in most areas of the country.” Click here to view the complete...
Read More »Are Price Gains Really Hampering Affordability?
...have been problematic, the gains in affordability are helping the market reach its potential for home sales, according to First American. Income gains are also assisting affordability in markets that...
Read More »Double Down: Existing Home Sales Decline in August
...as a result of this summer's historically low mortgage rates failed to materialize because supply and affordability restrictions continue to keep too many would-be buyers on the sidelines,” Yun said....
Read More »Freddie Mac Forecasts Q3 Origination Surge
...more than offset the rise in house prices, preserving homebuyer affordability for the typical household. Homeowners are also taking advantage of low rates and house price appreciation that is increasing...
Read More »Inventory is Making a Comeback in Some Markets
...seen consecutive quarterly increases in available housing, suggesting an upward trend rather than a one-time blip.” The latest edition of Trulia’s Inventory and Price Watch, analyzed the supply and affordability...
Read More »Another Housing Bubble? Maybe Not
...national bubble.” The fundamentals driving housing affordability are continued job growth, income growth, and near-record low mortgage rates. Additionally, tighter mortgage underwriting criteria and a lack of overbuilding should support...
Read More »The Markets with the Greatest Shortage of Housing Starts
...shrunk, prices have shot up and affordability has eroded despite mortgage rates at or near historic lows.” NAR found that 80 percent of the 171 markets researched had a ratio...
Read More »Home Values Climb, But Homeowners Still Overestimate
...outpacing inflation and wage increases, leading to affordability problems in some of the hottest markets. However, the pace of home value increases will likely slow as we move into the...
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