An anticipated rise in inventory and decline in mortgage rates are expected to ease affordability concerns for many as we enter 2024.
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 »Affordability will be Driving Housing Market Force in 2023
"Affordability is going to be the biggest factor in housing for 2023, but there's room for optimism on that front if mortgage rates recede," said Zillow Chief Economist Skylar Olsen.
Read More »Survey Finds Affordability to be Biggest Barrier to Homeownership
Re-issuing a survey first completed three years ago, PropertyShark, a property research firm for commercial and residential tracts, found that Millennials have become more pessimistic about their housing options than they were ...
Read More »Ben Carson, HUD Taking Initiative on Affordable Housing
The Department announced Monday its bus tour across the nation will be focused on removing unnecessary barriers to affordability.
Read More »Hot and Cold
While some U.S. markets are cooling off, other areas continue to experience a steep increase in prices. A detailed look at the ups and downs in the housing market.
Read More »The Housing Industry May Have the Rental Picture Totally Wrong
The housing industry has become so accustomed to believing that renting is a popular trend and option among the millennial generation. However, research shows that picture is distorted and younger consumers are not as big on renting as we believe they are.
Read More »Housing Markets Show ‘Moderate’ Improvement in Most Fed Districts
Rising home sales in seven of the Fed’s 12 districts—Boston, New York, Philadelphia, Cleveland, Richmond, Chicago, and Kansas City—were largely responsible for the Fed’s reports of moderate growth in housing markets.
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