...through July,"" said Anand Nallathambi, president and CEO of CoreLogic. ""Despite their rebound of late, home prices remain reasonable in a historical context, with most states near peak affordability levels.""...
Read More »Search Results for: Affordability
Case-Shiller Detects First Double-Digit Price Gain in 7 Years
...of affordability, a slow improving job market, and very small inventories of new and existing homes for sale will continue to drive U.S. home price appreciation during the summer,"" said...
Read More »Commentary: Walking the Walk
...a year. The BLS report tracks earnings (pre-tax), the base used for determining housing affordability. According to the most recent government data on home prices, the average price of a...
Read More »Home Sales, Prices Continue Winning Streak in June
...rates and attractive home prices are still creating opportunities with the best home affordability the market has seen in years."" According to RE/MAX, it's still a seller's market, with supply...
Read More »Report: Widespread Affordability Not Likely to Reverse
As home prices continue climbing, ""CoreLogic"":http://www.corelogic.com/ assures us housing is still affordable and any concerns that rising prices will make it not so are unfounded. [IMAGE] ""Nationally, housing affordability couldn't...
Read More »Will ‘Taper Talk’ Take Over the Recovery?
...supply is limited and housing affordability remains strong in most markets for most families."" The future, however, depends on the timing and speed at which the Fed actually decides to...
Read More »Survey: Mortgage Rate Spike Changing Consumer Attitudes
...urgency to buy,"" said Doug Duncan, SVP and chief economist at Fannie Mae. ""Consumers may recognize that today's still favorable mortgage rates and homeownership affordability levels will recede over time....
Read More »Analyst: Bubble Risk Minimal, Economy Safe from Impact
...California, Florida, the Midwest, and New England remain undervalued. Also, rising prices have not made homes unaffordable. ""[E]ven with both house prices and mortgage interest rates rising, affordability is still...
Read More »Refinance Applications Down 29.5% in June, Purchase Volume Climbs
...purchase,"" Capital Economics said. ""But the bigger point is that, with rates still at historically very low levels and affordability favourable, there's no reason that housing demand cannot continue strengthening.""...
Read More »Mortgage Rates Explode as Fed Hints of Taper
...Mac. While the massive rate hike will certainly dampen some housing activity, Nothaft noted the effect ""will be muted by the high level of buyer affordability, and home sales should...
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