...Rising prices and interest rates threaten affordability, and investors may be creating an illusion of demand that does not exist. ""Having avoided the worst of the downturn, but participating fully...

...be slowing. This has important implications for the housing recovery. As mortgage rates rise along with home prices, it decreases affordability and edges owner-occupier buyers who are at the cusp...

The ""National Association of Realtors'"":http://www.realtor.org/ (NAR) ""Pending Home Sales Index"":http://www.realtor.org/news-releases/2013/10/pending-home-sales-continue-slide-in-september (PHSI) for September indicates home sales will stumble in the year's final quarter as buyers struggle with declining home affordability....

...rental demand driven by decreases in home affordability, sustained risk of home price corrections and stringent mortgage credit standards, and an increase in purchases by investors"" driven by the two...

...Valentin, and Bob Ramsey in the firm's analysis. ""Further, although higher rates hurt affordability, it is important to remember that today's rates remain low compared to historical levels."" Given Q3's...

...over the past year. Rising prices threatened affordability in these markets as income growth lagged behind. San Diego, California; Los Angeles, California; and San Francisco, California--all having posted monthly price...

...rates were of some concern, but not in all districts. Affordability has not been threatened in the Dallas District, and the Boston [COLUMN_BREAK] District reported rising rates served as motivation...

...require long commutes to the cities. ""Affordability ranges widely both within and between metros,"" said Jed Kolko, chief economist for Trulia. ""In parts of New York and California, affordability is...

...years of declining affordability,"" Simmons said. ""Also of note was a huge improvement in affordability among young homeowners, as evidenced by a drop of 10 percentage points in the rate...

...12,"" said Eric Fox, VP of statistical and economic modeling at Veros. ""However, we don't foresee drastic slowing--simply some moderation,"" he added. Rising interest rates and ""somewhat lower affordability"" will...