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Tag Archives: affordability crisis

Affordability Concerns Lower Consumer Confidence

The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and inflation pushed buyers to question affordability.  All six of the index’s components ...

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Survey: Economic Soundness Means Owning a Home

By all available means, data, and metrics, housing prices are still soaring. The growth seen by the typical single-family home over the past two years has been blistering and surprisingly consistent and at some point, something must give way, and ...

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Is Remote Work the Answer to Affordability?

As home prices rise, affordability decreases for first-time homebuyers. New research shows that a confluence of remote work combined with declining affordability is giving some buyers the ability to relocate in search of more affordable housing.

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Gen Z Less Optimistic About Home Ownership

Re-issuing a survey first completed three years ago, PropertyShark, a property research firm for commercial and residential tracts, found that Millennials have become more pessimistic about their housing options than they were three years ago while Generation Z’s feelings have also dampened.  According to the ...

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