Items Tagged with 'Housing Affordability'

ARTICLES

  • [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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  • This is how America's housing affordability is impacting credit quality

    Affordability has returned to average historical levels, and it's having a ripple effect
    It's official: The era of unusually affordable housing has ended. Well, according to a recent Moody's Investors Services analysis. The organization claims that America's housing affordability has returned to average historical levels, therefore impacting credit quality across numerous housing-related sectors.
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  • Fannie Mae: Home sales will stabilize in 2019

    But affordability remains key challenge
    Home sales will stabilize this year, with a solid labor market and strong household formations driving demand, Fannie Mae's Economic and Strategic Research Group stated in its March outlook. But while slowing home price appreciation and lower mortgage rates have improved affordability, it will continue to be a challenge in 2019.
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  • [Pulse] The housing market has a growing affordability problem, and here's why

    Should Fannie and Freddie step in?
    Since 2012, housing affordability conditions for prospective homeowners have declined. While the causes of this situation are complex, it's clear financing issues are a leading contributor holding back the market. A lack of available financing for acquisition, development and construction (AD&C) debt is restraining construction and increasing costs, and this means that new construction is not keeping pace with demand, signaling the potential for worsening affordability if policymakers don't take note.
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  • Redfin: These housing markets give low-income families a better shot at the American Dream

    These inland markets have the highest rates of low-income homeownership
    Housing affordability continues to be a concern for Americans across the country, especially for those living in pricey housing markets. Fortunately, for those struggling to make ends meet, various pockets throughout the country offer low-income families a shot at homeownership. Find out which ones here.
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  • It costs more to own a home than to rent one in every U.S. state

    Here's a breakdown of the price difference by state
    While previous articles have declared that the number of markets where it's cheaper to buy than to rent is decreasing, this one says it's plain non-existent. Using data from the U.S. Census Bureau's most recent American Community Survey, a CNBC article says homeowners spend more money per month than renters in every single state across the U.S.
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  • These are the least affordable U.S. housing markets

    Study pinpoints the 10 most expensive cities for housing
    Inventory for moderately priced starter homes is tight, and it's driving up home prices, making homes less affordable for America's middle class. A recent study by Realtor.com sought to pinpoint where homes were the least affordable, analyzing the monthly median cost of housing in 500 metros, and here's what it found.
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  • Home prices are rising faster than wages in 80% of U.S. markets

    New ATTOM report shows renting is cheaper option in the majority of metros
    Climbing home prices and less than significant increases in wage growth have contributed to renting becoming a more affordable option for Americans, according to ATTOM Data Solutions' latest Rental Affordability Report. In fact, ATTOM points out that home prices are rising faster than wages in 80% of U.S. markets.
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