Tag Archives: Wages

The latest data on employment, Fannie Mae’s third-quarter results and Goldman Sachs’ mortgage settlement target are making the news. Here’s how these three seemingly disparate events are affecting the housing market.

The Bureau of Labor Statistics indicated an increase in wages in July. Here's what experts had to say on how these numbers impact housing.

These states have everything from high wages and low taxes to great employment opportunities and low cost of living. But a state with high median wages and one of the hottest housing markets topped this list. Which one was it?

A new study found that a typical U.S. homeowner is gaining just a little less than the federal minimum wage, in home equity every working hour. Is it then a good idea to sit back and collect substantial hourly home equity “earnings” instead of working from 9-5?

Jobs in the construction sector led the overall jobs market according to data for February jobs released by the Bureau of Labor Statistics. While the total nonfarm payroll ...

According to Interest.com's 2014 Home Affordability Study, middle-income families can afford a median-priced home in fewer than half of the country's 25 largest metros as house prices and mortgage rates outpace wage growth. While home price gains have slowed to a more reasonable rate of 4 percent nationally over the past year, that increase is still well ahead of the 2 percent pickup in incomes.

The Federal Reserve Bank of New York released Monday the findings of its June 2014 Survey of Consumer Expectations (SCE), revealing a slight uptick in economic hopes among Americans as housing expectations remained flat. On the housing front, the median home price change expectation was little changed, dipping slightly to a median expected 3.9 percent over the next 12 months.

According to Trulia, asking prices on listed homes rose 1.2 percent month-to-month in June, the highest monthly increase in more than a year. Unfortunately, consumer incomes have failed to keep pace. Out of the top 10 markets for annual price gains in June—most of which were in the South or Midwest—Trulia found that wages per worker rose less than 1 percent last year in all but one.