Tag Archives: Home Price Affordability

"Generally speaking, home prices are lower in expensive markets and higher in affordable markets, implying greater mortgage rate sensitivity for high-priced homes," said NAR Chief Economist Lawrence Yun.

“A slowdown in home prices is underway and welcomed, particularly as the typical home price has risen 42% in the past three years,” National Association of Realtors Chief Economist Lawrence Yun said.

”The rapid increase in prices during the COVID-19 pandemic caused many U.S. housing markets to reach completely unaffordable levels for potential local homebuyers,” said Selma Hepp CoreLogic’s Interim Lead, Deputy Chief Economist.

A new Zillow survey of 107 housing market experts and economists found one common thread where all respondents agreed: sellers will relinquish the recent control they have had ...

Prices grew at an annualized rate of over 19% last quarter, further pressuring homeseekers to make every penny count.

Releasing the second-quarter results of its VeroFORECAST, Veros Real Estate Solutions, an enterprise risk management and collateral valuation service company, predicts that home prices will appreciate on average 4.5% ...

By all available means, data, and metrics, housing prices are still soaring. The growth seen by the typical single-family home over the past two years has been blistering ...

The Mortgage Bankers Association (MBA) has launched a new affordability index aiming to measure how new mortgage payments vary across time relative to their income.  The new monthly ...

As the conversation regarding gender wage gap increases, one study analyzes how the wage gap dialogue holds in correlation with housing affordability.

U.S. private mortgage insurers are expected to continue benefiting from economic growth, good house price affordability, and strong mortgage credit quality. According to Moody's Investors Service, PMIs have been positioned in a favorable housing finance environment that will allow them to reap the benefits in the industry, even if the Federal Reserve increases interest rates.