The Joint Center for Housing Studies at Harvard University has released a new report on the state of the American Rental market. Click through to find the six key data points highlighted by the report.
Read More »Affordability at a Tipping Point?
"The good news is that home affordability has stopped getting tougher around the U.S., at least for the moment. The bad news is that owning a home remains more of a financial stretch than it's been for many years," said Rob Barber, CEO for ATTOM Data.
Read More »U.S. Home Affordability Grows More Challenging in Q3
"The dynamics influencing the U.S. housing market appear to continuously work against everyday Americans, potentially to the point where they could start to have a significant impact on home prices," said Rob Barber, CEO for ATTOM.
Read More »Digitalization and the Need for a National Zoning Atlas
Efforts to use this digitized data for urban development must also keep in mind how this sort of data has been used historically. A new post from David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, dives into the concept.
Read More »Fannie Mae Examines Remote Work and Affordability
“When remote work is coupled with the reported rise in the importance of affordability, it's not surprising that respondents expressed a greater willingness to live farther from their current location,” noted a Fannie Mae report. “Of course, renters indicated the greatest affordability concerns, as well as a willingness to consider areas farther away from their current location.”
Read More »California Metros Top List of Least Affordable Cities for First-Time Homebuyers
Five California metros have been named the least affordable cities and worst cities to purchase a home for first-time homebuyers, according to a new study from WalletHub. Multiple Golden State areas were also ranked for the highest cost of living throughout the U.S.
Read More »Market Monitor: Locks Move South in June; Credit Availability Tightens
According to Black Knight's Originations Market Monitor report, overall rate lock volumes were down 1% month-over-month in June, with conforming loans gaining share mainly at the expense of nonconforming loan products.
Read More »New Home Builds Still Lag Behind Pre-Great Recession Numbers
"It seems straightforward: We need to build more homes," said Dr. Skylar Olsen, Zillow's Chief Economist.
Read More »As Home Prices Slow, Affordability Remains Dismal
“Now that home prices have plateaued and even declined in some markets, buyers are faced with mortgage rates that have doubled, making home purchases even less affordable,” said Rick Sharga, EVP of Market Intelligence at ATTOM.
Read More »Mortgage Credit Availability Falls to Nine-Year Low
Credit availability fell to its lowest level since March 2013 in September, as reports show credit tightening for the seventh consecutive month.
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