Housing affordability

A quarter-percent increase would eliminate more than a million buyers for median-priced homes according to the National Association of Home Builders.

CalHFA’s executive director Tiena Johnson Hall discusses her agenda for encouraging affordable housing development in the inventory-strapped state.

Only eight states experienced annual appreciation viewed as sustainable, according to Fitch Ratings.

The share of borrowers who thought it was a good time to buy hit an all-time low, according to Fannie Mae.

The sharp increases of the pandemic era have added nearly a year to the amount of time the average consumer needs to save for a 20% down payment, according to Tomo.

However, with mortgage rates down and household income increasing, consumers have 129% more buying power today than they did 16 years ago, according to First American.

The gulf between buyer demand and the amount of listings for sale drove housing values to a six-decade peak, according to CoreLogic.

Renters will need to reserve an additional $369 per month to keep up with rising listing prices over the next year, according to Zillow.

A Virginia-based builder announced a line of manufactured housing that features clean energy technology, reduced waste and “plug-and-play” assembly.

Financial inclusion is the civil rights issue of our generation — and getting more Americans, especially younger and minority families, into decent, affordable housing is a critical step on the ladder to financial capability, writes a board member of the National Credit Union Administration.