Although rents continue to rise at a rapid pace, many non-homeowners are still shying away from the real estate market due to down payment and credit score troubles. Zillow's Rent...
Read More »Search Results for: Affordability
President Obama Speaks on Housing, Finally
...123,000 children; the Opening Doors program has reduced that number by 19 percent in the last six years. In some pockets of the country, however, the rental affordability crisis has...
Read More »Housing Affordability Constrained by Lack of Income Growth
...the all-time survey low. The index found that respondents that believe now is a good time to sell a home increased 1 percentage point to 9 percent. “Housing affordability is...
Read More »Job Gains Weaken, But is the Labor News All Bad?
...nor does it alter our expectation for only modest increases in mortgage rates during 2016, which is a positive for a housing market challenged by affordability constraints.” According to Long,...
Read More »Where are the Affordable Housing Markets?
...Real Estate Consulting. Many industry experts and economists believe that U.S. housing markets are in the midst of an affordability crisis that will only get worse over time, but what...
Read More »Homebuilding Upturn Expected Heading into Spring
...sales rose approximately 6.5 percent in 2015. "Fall housing activity slowed, but remained stronger than a year ago. Demographics, pent-up demand, attractive affordability and housing valuations combined with a steady,...
Read More »Existing Home Sales Expected to Normalize
...properties being sold-largely in the mid-to-upper price range in most markets-continues to drive home prices up," Sharga noted. "At some point this may become a problem from an affordability standpoint,...
Read More »Home Affordability Favorable Compared to Pre-Bubble Years
Many industry experts and economists believe that U.S. housing markets are in the midst of an affordability crisis that will only get worse over time, but what if today's rising...
Read More »Freddie Mac: Housing Market Still Progressing, Despite Obstacles
...local economies that remain largely affordable for the typical homebuyer. And in the short-term, we expect homebuyer affordability to remain strong with mortgage rates continuing to look very attractive to...
Read More »Housing Starts Take a Tumble in December
...Capital Economics believes that builder confidence is not misplaced. "Despite the Fed raising rates for the first time in nine years in December, housing affordability will be favourable for some...
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