The housing market is slowing as 2018 comes to an end, but home shoppers looking for a more affordable buying environment in 2019 might be disappointed. Next year, Zillow expects mortgage rates to continue to rise, putting a pinch on affordability, particularly in already expensive markets. Some buyers may be pushed back toward the rental […]
Affordability concerns are slowing down new home construction
November 29, 2018 by
Rising housing affordability concerns are causing a slowdown in new home construction, according to a U.S. Commerce Department report published last week. The report noted that single-family housing starts fell by 1.8 percent in October compared to the previous month. “This month’s decrease in single-family starts isn’t a surprise given the drop in our builder […]
Attitudes towards housing shift as markets begin to cool
November 20, 2018 by
Residential real estate markets have been overheating for some time, but the vast majority of Americans now believe their local housing markets are beginning to cool, according to a new survey by ValueInsured. The survey found that 75 percent of respondents believe their local housing markets are starting to slow down, following five straight quarters […]
More Perspective on the Housing Market Shift
November 8, 2018 by
I’ve been writing about changes evolving in the housing market for several months. Recently, Morningstar Credit Ratings’ take away from the SFIG Residential Mortgage Finance Symposium was a very similar perspective of where the market is currently at and most likely headed. There are a lot of moving parts to take into consideration including midterm […]
Freddie Mac failed to hit low income housing goals in 2017
November 2, 2018 by
Government sponsored enterprise Freddie Mac failed in its bid to meet its low-income housing goals for 2017, according to a new report from the Federal Housing Finance Agency published this week. In the report, the FHFA lays out a benchmark level and a market level for each of the low-income housing goals for both Freddie […]
Realtor confidence rises but economists warn of pessimistic outlook
October 24, 2018 by
Home sales fell in September due to a combination of higher interest rates and low inventory, but most realtors expect the market to improve in the next six months.
Denver pilots new granny flat program aimed at solving city housing shortages
October 9, 2018 by
Authorities in Denver are initiating a new program in the city that aims to solve housing shortage problems while providing a new income stream for low-earning homeowners.
How to Choose the Right Student Accommodation for You
October 5, 2018 by
Choosing where to live as a student is a big decision, and it could affect how well you do in your studies or how much fun you have at college. If you’re about to make that decision, you’re in the right place. In this article, we’re going to look at a few tips and some […]
Home construction grows in August but it could be short lived
September 25, 2018 by
There’s good news on the construction front as builders have been stepping up their efforts to build more homes and replenish inventory-starved markets.
10 years after the recession, many markets still struggle to recover
September 19, 2018 by
One decade after the Great Recession began following the collapse of the U.S. housing market, it’s clear that home values have recovered in most of the largest markets in the country, and then some, according to a new Zillow analysis. The report shows the markets with the biggest gains since the mid-2000s bubble are mostly […]
