According to First American’s Chief Economist, two major hurdles stand in the way of homebuyers and affordable homes. Click through to find out what those obstacles are.
Most Recent Articles
Experts: U.S. Remains Unprepared to Provide Housing for Millions of Americans
The Joint Center for Housing Studies has released Housing America’s Older Adults 2023 report, revealing that the older population is surging, presenting imminent challenges to supply housing and...
Experts: U.S. Remains Unprepared to Provide Housing for Millions of Americans
The Joint Center for Housing Studies has released Housing America’s Older Adults 2023 report, revealing that the older population is surging, presenting imminent challenges to supply housing and...
Inventory Will Remain Challenging, But More Options Should Manifest in 2024
In addition to high demand for single-family homes, apartments and rental units within driving distance of city centers are selling at a premium.
Inventory Will Remain Challenging, But More Options Should Manifest in 2024
In addition to high demand for single-family homes, apartments and rental units within driving distance of city centers are selling at a premium.
Median Monthly Mortgage Payment Declines as New Listings Rise
As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could...
Median Monthly Mortgage Payment Declines as New Listings Rise
As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could...
VA Surpasses Goal to House Vets in 2023
Through the month of October, the VA has housed more than 38,000 homeless veterans, reaching its goal two months early and prioritizing ending veteran homelessness as a top aim.
VA Surpasses Goal to House Vets in 2023
Through the month of October, the VA has housed more than 38,000 homeless veterans, reaching its goal two months early, and prioritizing ending veteran homelessness as a top aim for the Biden...
HUD to Provide Aid to At-Risk Renters
A new proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days' notice to cure lease violations for nonpayment of rent.
HUD to Provide Assistance to At-Risk Renters
New proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days notice to cure lease violations for nonpayment of rent.
Q3 Mortgage Lending Declines as Rates Climb
1.54 million residential mortgages were issued in the third quarter. A new report lays out the numbers, including how far the market has dropped year-over-year.
Pending Home Sales Drop on Monthly, Yearly Basis
“Today’s data signal that home sales activity is likely to remain steady, at a low level, over the next few months as limited options and significant affordability challenges weigh on buyers,”...
Pending Home Sales Drop on Monthly, Yearly Basis
“Today’s data signal that home sales activity is likely to remain steady, at a low level, over the next few months as limited options and significant affordability challenges weigh on buyers,”...
Will the Housing Market Crash Next Year?
A new LendingTree report revealed how consumers feel about current market conditions, the likelihood of the market crashing in 2024, and just how many are actively hoping it does.
Homebuyer Affordability Conditions Slipped Further in October
The MBA reports that the average national median mortgage payment rose to $2,199 in October, a $143 year-over-year rise. Here are the factors that were “dissuading would-be buyers from entering...
Homebuyer Affordability Conditions Slipped Further in October
The MBA reports that the average national median mortgage payment rose to $2,199 in October, a $143 year-over-year rise, amid a span where mortgage rates hit a 23-year high.
That Music City Allure: Nashville Ripe for Migrations
A new report from Redfin that tracks the migration patterns of American citizens found that Nashville is ripe for inbound migrations due to changing tastes, reasonable home prices, low property...
When’s the Best Day to Buy a Home in 2024?
According to a new ATTOM report, homebuyers who close on this January date are offered the lowest premium above the automated valuation model. While still above market value, the average homebuyer...
When’s the Best Day to Buy a Home in 2024?
According to a new ATTOM report, homebuyers who close on this January date are offered the lowest premium above the automated valuation model. While still above market value, the average homebuyer...
2024: Is Housing Affordability on the Rebound?
Cooling housing demand and an increase in rental home options are projected to keep home sales stable in the coming year, according to Realtor.com's 2024 Housing Forecast. As the market continues...