Items Tagged with 'housing inventory'

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ATTOM: Affordability at worst point since 2008

Percentage of unaffordable markets more than doubles
ATTOM Data Solutions released a new report showing that affordability is at its lowest point since 2008, and only getting worse as home prices increase and housing inventory goes down. The counties with unaffordable housing compared to their historic averages more than doubled. However, one economist completely disagrees.
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[Video] One housing issue keeps this expert up at night

America’s inventory crisis
Inventory shortages — two words that plague would-be homebuyers and the housing economy overall. Laurie Goodman, codirector of the Housing Finance Policy Center with the Urban Institute, recently sat down with HousingWire to explain why the lack of housing availability keeps her up at night.
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Pending home sales hit highest level since July

Existing home sales for 2016 expected to be at highest pace since 2006
Pending home sales increased slightly in October, by enough to hit the highest level since July. In fact, the National Association of Realtors' chief economist believes that, at this pace, this year could close out with the highest pace in existing home sales since 2006.
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Here are 5 bold predictions for housing in 2017

Plus, a bonus
Next year is less than two months away, and the holidays are likely to fly by. Giving his predictions for next year, Joe Melendez, CEO of ValueInsured, forecasts that 2017 could be a wild ride. "One thing I do feel certain about is that those who are most adaptive to change and innovation – those wanting to move beyond points, rates and the typical upgrade offers – will succeed in 2017."
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