In a letter to HUD Secretary Marcia L. Fudge, the Chair of the Housing Financial Services Committee said the supply of the nation’s affordable housing should be a top priority.
Read More »Mobile Home Values Neck-and-Neck with Single-Family Homes
A new study from LendingTree found that mobile homes are much less expensive than single-family homes, offering homebuyers a cheaper alternative in purchasing. However, data revealed that mobile homes appreciated in value almost as quickly as single-family homes nationwide from 2016 to 2021.
Read More »Share of Income Required to Afford a Mortgage Skyrockets
Mortgage affordability has worsened coast-to-coast, rising to 30.2% nationwide. New data from Zillow reveals that housing affordability is now the worst it has been in several years, leaving many households cost-burdened.
Read More »Inventory Two-Step: New For-Sale Listings Continue to Drop
According to Zillow's latest market report, inventory levels are up 3% from 2021, leaving more options for buyers and more competitive pressure on sellers. However, new for-sale listings saw an 11.4% drop from August, marking the third straight month of double-digit declines.
Read More »Mortgage Payments Outpace Rent in Majority of U.S. Metros
As housing costs rise and demand begins to slow, inventory continues to recover from February lows, as new data reveals mortgage payments have surpassed rents in 45 of the 50 largest U.S. metros.
Read More »Millennial Demand Forcing Rise in Home Prices
As the supply of available homes continues to shrink, home value growth is being seen in areas with the highest population of children.
Read More »Rental Costs Outpace Owning a Home
Despite median home prices rising faster than the average weekly wage, the cost of renting continues to eclipse the cost of owning a home in nearly two-thirds of U.S. markets.
Read More »Housing Market Snapshot: ‘Nothing Typical About 2020’
Phoenix ranked highest among the major metros in yearly home value growth. Here’s what factors contributed to “an environment for strong growth.”
Read More »How Much Will Homes Be Worth in 2030?
The pandemic has had a huge impact on the housing market in 2020, but its impact could have a much farther reach into the future. A recent report ...
Read More »Experts Predict Home Value Slow Down About to Stop
Did housing inventory experience an uptick as prime-buying season is around the corner?
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