Items Tagged with 'income growth'

ARTICLES

  • First American: Home prices point to trouble ahead

    Data reveals Americans need income growth
    Home prices have climbed 15.3% year over year, signaling affordability concerns lie ahead, according to First American's Real House Price Index. First American Chief Economist Mark Fleming said without stronger household income growth, rising mortgage rates will continue to impede consumer house-buying power.
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  • Fannie Mae: Americans feeling more and more nervous about the economy

    Purchase sentiment falls to lowest level since March
    Given the current climate, it's probably not a surprise that consumers are growing more concerned about the economy. A recent Fannie Mae survey reflecting consumers’ current views and forward-looking expectations of housing market conditions shows Americans are becoming more unsteady about the nation's economic health.
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  • Fannie Mae: Americans feel less confident about housing

    Stagnant wages weigh on housing outlook
    Although Americans say now is a good time to buy and sell a home, wages and job growth keep blocking their confidence in the economy. Meaningful improvement in the housing market going forward will likely require consistent upward movement in consumers’ income growth perceptions.
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  • Minimum wage workers can’t afford rent

    Affordability out of control
    The gap between stagnant incomes and rising rents in many parts of the country is growing out of control. Right now, there is no state in the country where someone earning either the state or federal minimum wage can afford a market-rate one-bedroom apartment.
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  • 4 signs the real estate market is in trouble

    Don't worry about sales or price numbers -- worry about this
    The strength of the real estate market, Ramsey Su writes, should not be measured by price appreciation, or the number of new and existing home sales. It should be measured by the support of underlying fundamentals.
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