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Tag Archives: Census Bureau

Will Wage Growth Bring Relief to Homebuyers?

homebuyers

The latest data on U.S. jobs by the Census Bureau has indicated rising wages. Experts weigh in on whether these increases will translate into easing the burden of rising home prices for homebuyers.

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West, Southwest Lead Sales of New Single-family Homes

A rising demand from younger homebuyers spurred the sales of new homes in the West and Southwest according to Census Bureau data. But which region didn’t fare so well?

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Multigenerational Households on the Rise

As of 2016, one in five Americans lived in a multigenerational household. That’s the key revelation from a newly released Pew Research Center analysis of U.S. Census data, revealing that the percentage of multigenerational American households has reached a level ...

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Construction Spending on the Upswing

home builders

Overall construction spending increased by 3.0 percent year-over-year according to the latest monthly Construction Spending Report released by the U.S. Census Bureau. The report also found a month-over-month spending increase, with overall construction spending inching upwards from $1,272.2 billion in ...

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Southern Cities on the Rise

The latest Census data has Southern cities reigning supreme in terms of population growth. Ten of the top 15 fastest growing cities in the country are located in the South, with five in Texas alone. The West also saw growth, claiming four of the top spots.

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FHFA: Solving Complications in Mortgage English Proficiency

The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) Thursday for problems qualified Limited English Proficiency (LEP) borrowers face during the mortgage lifecycle. Per FHFA’s 2017 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions, the GSEs must identify major challenges for LEP borrowers in accessing mortgage credit, analyzing potential solutions, and developing a multiyear plan appropriate for the Enterprises to support improved access. By better understanding the experience of LEP borrowers and those that serve them, the FHFA can successfully expand their statutory mandate.

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