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How Does Inflation Affect the Housing Market?

Pro Builder

How Does Inflation Affect the Housing Market? Wed, 07/14/2021 - 10:59. The consumer price index does not even consider housing units as part of the shelter category. The cost of shelter for renter-occupied housing is rent. Housing isn’t like other goods. For a start, housing is a very basic necessity.

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Home Affordability Report Shows Increased Pressure for Affordable Housing

Pro Builder

Home Affordability Report Shows Increased Pressure for Affordable Housing. Housing affordability continues to be a hot topic, as demand for homes outpaces supply and wage growth fails to keep pace with home-price appreciation . Unmet demand for housing continues to drive home prices higher, as median sales prices on homes in the U.S.

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Housing Affordability Dips to 15-Year Low as Mortgage Rates Soar

Pro Builder

Housing Affordability Dips to 15-Year Low as Mortgage Rates Soar. Housing affordability took another hard hit last week following the Fed's most recent rate hikes. home, a 51% year-over-year gain significantly outpacing income growth nationwide. . Wed, 06/22/2022 - 12:18. Affordability. Market Data + Trends. New-Home Sales.

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Everyone Wants in on Housing Flipping

Pro Builder

Everyone Wants in on Housing Flipping. Wed, 09/08/2021 - 09:29. One Long Island-based house flipper says now is the best time to be in the business, but finding inventory to rehab is the hard part. Stock’s lender, Roc360, last week received a $2 billion infusion from insurer Athene Holding Ltd. cbroderick.

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Housing Affordability Is Worsening in Most Counties Across the U.S.

Pro Builder

Housing Affordability Is Worsening in Most Counties Across the U.S. Rising mortgage rates and idle household incomes are hurting prospective homebuyers across the U.S. The analysis assumes a 20 percent down payment and that the homeownership costs represent a maximum of 28 percent of the household income.

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3 Million Unemployed Renters Remain Burdened by Housing Costs

Pro Builder

3 Million Unemployed Renters Remain Burdened by Housing Costs. Tue, 01/12/2021 - 10:40. There are an estimated 3 million renters who remain unemployed from March that face intense housing cost burdens. But even with the bonus cash, 43% of unemployment insurance income goes to rent, which is better than the 81.2%

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Property Development And Marketing Tips To Maximize Your ROI

Construction Marketing

since March 2021, with the median price reaching $405,000 marking an 8% increase during the same period, according to Fit Small Business. Though house prices have been steadily rising, the demand for residential and commercial property from both local and international investors continues to surge as well.

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