As anyone who has bought a home knows, a mortgage payment has many different components that pay many different things—and these costs can be easily ignored, looked over, or just flat-out misunderstood by even the savviest buyers. Fannie Mae has ...
Read More »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.
Read More »Millennial Buyers in a Changing Market
Millennials, now in their late 20s to early 40s, have gotten a bad rap for their views on the housing market. Before the pandemic, this generation was lambasted for living with their parents or perpetually renting but today, data shows ...
Read More »Green Bay Area Named Most Affordable in the Nation
Home prices rose 14.3% year-over-year in San Diego, making it the most unaffordable market, while the best prices could be found in the Green Bay region.
Read More »Housing Inventory Nearing Crisis Mode?
The nation's housing supply continues to dwindle, dropping nearly 18% YOY from 2021's totals.
Read More »Hot Market Homes Selling at Record Speeds
The average median listing price of a home in the U.S. is now 10% higher than it was at the beginning of 2021, and projected to keep rising.
Read More »Short Supply and Affordability to Constrict Housing Market in 2022
Fannie Mae’s ESR Group found that, despite the nation’s solid economic finish to 2021, inventory and inflation will dampen the housing forecast in 2022.
Read More »Economists Find Millennials Will Drive Housing Market in ’22
As more than 45 million millennials enter the prime first-time buying ages of 26-35, the year 2022 will present several opportunities, despite expected a rise in rates and a recovering inventory.
Read More »Home Sales Continue Resilient Push in October
Despite mounting affordability challenges, existing-home sales continued to push upward, rising a slight 0.8% over September’s totals.
Read More »Home Values Appreciate 19.2% YoY in October
A seasonal slowdown in purchase activity has not dampened home values, as the limited supply remains priced at a premium.
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