With mortgage rates and home values on the rise, home buyers are expected to contribute approximately 15.8 percent of median monthly income towards their mortgage payment.
Read More »Opportunities Abound Even in Most Expensive Markets
Pockets of affordable housing exist near the nation’s most expensive cities, though lower prices may come at a cost.
Read More »Millennials Desire Homeownership, But …
The data shows that adults ages 18 to 34 have a strong desire to own a home. What factors are keeping it from happening?
Read More »Unfortunately for Affordability, it Looks Like 2008
What factors pushed housing affordability in Q4 down to its lowest level in eight years, according to one analysis?
Read More »What Will Happen with Affordability in 2017?
Low mortgage rates have offset price gains and slow wage growth. How will rising mortgage rates affect affordability?
Read More »Lower Migration . . .What About Origination?
Data shows that in the past quarter century, Americans are moving less. What factors are behind the decline, and how is it affecting mortgage originations?
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 »Improved Affordability? In Some Places, But Not All
Some recent data has indicated that housing markets are becoming more affordable. But just how affordable are they when compared with historical standards?
Read More »Housing Affordability Receives a Boost
With affordability becoming a major concern in many housing markets in the United States due to increasing price appreciation and low supply, house-buying power in the U.S. is receiving help from an unlikely source.
Read More »Is Housing Becoming Less Affordable?
By all accounts, recent good economic news combined with solid demand and low mortgage rates have all resulted in single-family home sales reaching levels not seen since before the crisis. Homes are selling at a higher rate—but are they more affordable?
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