Pro Builder
NOVEMBER 15, 2022
Homebuyers Are Spending More of Their Incomes on Home Purchases Than They Did a Year Ago. Buying a home requires substantially more money than it did just a year ago, especially in metros like North Port, FL, where the income necessary to afford a home purchase has increased 73.9% Tue, 11/15/2022 - 10:15. year-over-year.
Pro Builder
FEBRUARY 2, 2023
Could These Midwestern Metros Be the Next Top Real Estate Markets? are home to robust economies, strong regional housing demand, well-paying jobs, and desirable amenities for incoming buyers. The Lafayette, IN, metropolitan area about an hour northwest of Indianapolis and two hours southeast of Chicago was awarded the No.
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Pro Builder
JULY 12, 2022
Six New Jersey counties are considered "at-risk" as costs of homeownership soar well beyond local household incomes. housing markets most vulnerable to a downturn are located in New Jersey, where a higher percentage of household income is required to maintain homeownership, according to Realtor.com. Six of the 10 U.S.
Pro Builder
FEBRUARY 15, 2022
are not able to afford a new median priced home in 2022, according to NAHB’s Eye on Housing, meaning that 69% of Americans have incomes that are insufficient to qualify for a mortgage under standard underwriting criteria. Roughly 87.5 million households across the U.S.
Pro Builder
OCTOBER 13, 2022
Renting is at the highest level in half a century, particularly in these 101 renter-majority metros . Over the last 10 years, Chicago saw a similar increase with 151% growth in its share of renters, accounting for 63% of its resident population. Next up is followed by Chicago’s 60606, which coincides with the West Loop neighborhood.
Pro Builder
MARCH 15, 2023
International Buyers Are Flooding the US Real Estate Market—Here’s Where They’re Settling ldeakins Wed, 03/15/2023 - 10:52 Affluent international buyers are accelerating their home searches across some of the nation's most popular metros Affluent buyers from around the world are slowly trickling back into the U.S.
Pro Builder
SEPTEMBER 29, 2020
FHA mortgages are catered to borrowers who may be first-time, minority, or lower-income, Realtor.com says. Atlanta’s metro region has the most delinquent mortgages—53,000 to be exact. Houston has the second highest number of delinquent FHA loans, followed by Chicago, Washington, DC, and Dallas. In August, nearly 17.4%
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