Items Tagged with 'Housing Affordability'

ARTICLES

  • These are the nation's most affordable housing markets for middle-class families

    Detroit tops the list as the most affordable metro for America's middle-class
    The era of unusually affordable housing has ended, meaning America’s housing affordability has returned to average historical levels. While this means homes are no longer cheap on a national basis, Redfin’s affordability report suggests the market is still relatively affordable for America’s middle-class families. According to Redfin’s data, in 68 of the 88 most populous American housing markets, a median-priced home is still affordable to families earning the area’s median household income.
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  • These are the housing market's most expensive small towns

    Vineyard Haven, Massachusetts tops the list
    While housing affordability has fallen across the board, reports often suggest that metropolitan cities are experiencing the most dramatic declines. However, a report from LendingTree indicates that homeowners living in America’s small towns are also feeling the burn. According to the company, Vineyard Haven, Massachusetts; Summit Park, Utah and Breckenridge, Colorado are the now the nation’s most expensive towns.
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  • Fannie Mae: Home buying sentiment falls as more Americans say now is not a good time buy

    In June, Fannie's HPSI fell by 0.5 points in June to 91.5
    In June, housing confidence fell to 91.5 points as more Americans reported now is not a good time to buy, according to Fannie Mae’s latest Home Purchase Sentiment Index. Fannie Mae Senior Vice President and Chief Economist Doug Duncan said growing expectations that mortgage rates will remain steady suggest improved stability for housing affordability.
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  • Priced out of the housing market, more Americans move to the "exurbs"

    Why some say this is cause for concern
    Welcome to the exurbs: remote areas just beyond the more affluent suburbs that have seen a wave of activity from builders and home shoppers. According to a recent NAHB report, the exurbs were the only regions to see an increase in single-family permits in Q1 – a fact that some analysts say is raising red flags.
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  • [Pulse] Here's how higher regulatory costs are impeding housing affordability

    Regulatory burdens are driving up costs, and it's a problem for the housing market
    Despite recent declines in mortgage interest rates, housing affordability continues to be a key concern for homebuyers. Studies show that regulatory burdens significantly elevate the cost of land development and construction, driving up costs that are passed on to the homebuyer. If we as a nation want to ease housing affordability barriers, communities should begin by reducing the regulatory burdens associated with developing land and building homes.
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  • LendingTree: These are the best markets for the nation's middle-class homeowners

    Americans earning a median income can afford a median-priced home in most metros
    A recent analysis published by Moody’s Investors Services indicates the era of unusually affordable housing has ended, meaning America’s housing affordability has returned to average historical levels. Although this means homes are no longer cheap on a national basis, LendingTree’s latest affordability report suggests the market is still relatively affordable for most Americans.
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