Latest Housing Affordability Data

Examples: Home SOLD….Dec 27, 2013 asking price $218K Sold for $215K On December 18, 2013, in Economic Updates, by Michael Hyman, Research Assistant….More Sharing ServicesShare|Share on facebook Share on twitterShare on emailShare on print  At the national level, housing affordability is up slightly for the month but higher mortgage rates and home prices have pushed affordability lower…

Demand for Residential Rental Properties Still Strong

With potential home owners finding it tough to buy their first home, there is still strong demand for rental units, judging by rental price trends. REALTORS® reported rents that are higher compared to a year ago. Rising rents add an additional incentive for homeownership. Homeownership provides families with enhanced lifestyles—and a chance to cap major parts of…