Realtors: Lack Of Inventory Hindered Home Sales In 2021
Lack of supply & housing affordability cited as biggest hurdles in latest NAR survey.
Tagged: Housing Affordability
ATTOM: Unaffordability Continues To Plague Chances Of Home Buying
The second quarter report found that nearly one-third of average U.S. wages were required for major home-ownership expenses.
The Incredible Shrinking Home Affordability
House prices are now 52.9% above the housing boom peak in 2006.
Homebuyers Lose Any Purchasing Power They Once Had
Surging prices and interest rates have made mortgages less affordable than at any time since at least 2007.
More Than 600 Builders Trek To Capitol To Tackle Housing Affordability Issue
The National Association of Home Builders (NAHB) is asking for Congress’ help in alleviating a nationwide affordability issue.
Realtor.com Predicts Double-Digit Inventory Growth Over 2021’s Numbers
Active listings will grow 15% year-over-year as the inventory recovery accelerates in 2022.
First American: Housing Market Slowing by Design
Title company’s chief economist says history shows rising mortgage rates may take the steam out of rising house prices, but don’t necessarily trigger a decline.
Builders, Lenders Praise Biden Plan To Improve Housing Supply
'Housing Supply Action Plan' seeks to improve affordability by increasing housing inventory over the next five years.
Black Knight: Home Affordability Nearing All-Time Low
Spiking interest rates & rising prices are sending borrowers to ARMs