Tag Archives: Affordability

Since the housing crisis, minority borrowers have had trouble getting a mortgage loan or been completely locked out of the housing market due to affordability problems. Now, eight years into the recovery, minorities are still a disproportionate part of the housing economy.

With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market.

As housing markets heat up in some of the most popular metros across the country, many buyers are opting to cut their ties and purchase a home in a more affordable city.

Unaffordable housing markets across the U.S. may pose a challenge for investors searching for properties. See which hot markets made the pricey list and may begin to cool this year.

As Fannie Mae sees it, the year ahead will be less like a person in love and more like one in a satisfying longterm relationship. Growth in the U.S. housing market will continue for its seventh straight year, but there will be bills to pay.

Citing under production in the homebuilding sector, NAR Chief Economist Lawrence Yun predicts home prices will continue to rise in 2016…but can such increases match the pace of expansion seen in 2015?

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. With skyrocketing rents in many parts of the country, buying a home is beginning to look more attractive to millennials. Jeannie Smith, VP of sales and a home loan officer at Guardian Mortgage discusses how Millennials desire homeownership but struggle financially and how the mortgage industry can help.

Home prices are not the only determining factor when looking at affordable living options. In fact, markets with cheapest homes are not necessarily always the most affordable.

Despite home price increases over the last three years, homes are still affordable by historical standards, according to the Urban Institute's Monthly Chartbook: Housing Finance At A Glance.

A new report from Realtor.com released Thursday found that strong housing supply-and-demand dynamics driven by affordability, are expanding local economies. In addition, lifestyle benefits are spotlighting markets and attracting new buyers.