Home >> Tag Archives: Affordability (page 42)

Tag Archives: Affordability

Inventory, Affordability Problems Can’t Keep Buyers Away

Home sales should remain strong as the year goes on, even despite rising mortgage rates, tight inventory, and declining affordability. Potential existing-home sales rose 0.6 percent over the year and 83 percent over their all-time high. Wage growth, strong employment, and an uptick in building permits will encourage sales further.

Read More »

Affordability, Buying Power Drop as Prices Rise

With real house prices on the rise and inventory low, spring is poised to be a seller’s market, according to First American. Real home prices rose more than 8 percent over the year, with Jacksonville, Florida, seeing the most growth annually. According to First American Chief Economist Mark Fleming, “on a year-over-year basis, real house prices increase in all the metropolitan areas tracked . . .”

Read More »

Is An Affordability Crisis Brewing?

Housing prices are near or even past their pre-recession peaks in some markets. When other economic factors are figured in, is price appreciation making homes less affordable?

Read More »