If you're a recent college graduate and feel you can't afford a house, RealtyTrac respectfully begs to differ. The firm's latest report on housing affordability shows that 96 percent of...
Read More »Search Results for: Affordability
Home Purchase Apps Hit Near 20-Year Low
...rise by that much by the end of the year," Diggle said. Even if rates do rise, Diggle says the "still-favourable mortgage affordability picture," combined with strengthening economic growth and...
Read More »Housing Continues Slow Crawl Toward Stability
...and income growth that keeps homebuyer affordability strong," Nothaft said. Nationwide, 13 states and the District of Columbia all have MiMi values in their own stable range, with North Dakota...
Read More »Rising Rents Hindering Homeownership
...according to Zillow Chief Economist Stan Humphries. "The health of the for-sale market is directly tied to the rental market, where affordability is really suffering," Humphries said. "Wages need to...
Read More »California Home Sales Weakest Since 2008
...affordability due to price increases were also factors in decreasing home sales. "Lackluster sales volumes so far this year should come as no surprise given the fact that in many...
Read More »Housing Affordability Takes a Hit, Still Looks Favorable
Housing affordability took a hit in the second quarter but remains historically high, according to the Housing Opportunity Index (HOI) released by the National Association of Home Builders (NAHB) and...
Read More »The MReport Webcast: Thursday 8/14/2014
...Economic and Housing Market Outlook shows that the agency expects to see the U.S. housing market driven once again by fundamentals—jobs, household formations, and affordability—rather than economic upheaval. With labor...
Read More »Freddie Mac: Clearer Path Ahead for Housing
...and Housing Market Outlook shows that the agency expects to see the U.S. housing market driven once again by fundamentals—jobs, household formations, and affordability—rather than economic upheaval. Freddie is basing...
Read More »Home Affordability Below Average in 34% of U.S. Counties
...counties RealtyTrac looked are considered at the "risky" end of the affordability scale. "None of the counties we analyzed for the second quarter has regressed to the dangerously low affordability...
Read More »Mortgage Apps Down for Second Straight Month
...mortgage rates may have given some potential buyers pause, Pointon notes that rates still remain historically slow, and mortgage affordability still looks very favorable, even as home prices rise. Adding...
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