While some indexes point to declining affordability, new research takes a fresh look at affordability in the top U.S. markets, finding some of the most expensive areas may be more affordable to local residents than they first appear.
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Soaring House Prices Could Mean Mini-Bubbles for Some Markets
While there’s no sign of a nationwide housing bubble, some local markets could face unsustainable growth.
Read More »Analysts: Mortgage Market Can Handle Twice As Much Default Risk
The mortgage market could have taken twice the default risk during the first three quarters of 2014 and remained well within the high standards set from 2001 to 2003, according to data released by the Urban Institute on Monday.
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