article thumbnail

Americans Hindered by Low Housing Affordability Want Action From Policymakers

Pro Builder

Americans Hindered by Low Housing Affordability Want Action From Policymakers. Over 75% of all Americans are impacted by a lack of affordable housing, and they're growing impatient with seemingly apathetic policymakers. The nation needs more housing and Americans want the federal government to support more new home production.

Housing 52
article thumbnail

After Years of Volatility, the Housing Market May Be Normalizing, Says John Burns

Pro Builder

After Years of Volatility, the Housing Market May Be Normalizing, Says John Burns. Current market conditions point toward a housing slowdown, but months of supply and employment growth will be two key metrics shaping the path forward. John Burns Real Estate Consulting reports. John Burns Real Estate Consulting reports.

Housing 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

For Growing Share of Home Builders, Selling in a Market Correction Means Making Concessions

Pro Builder

In order to bolster buyer demand and maintain a healthy backlog in a housing slowdown, home builders are being forced to lower their prices and offer new sales incentives. Tue, 12/13/2022 - 10:07. 100% of backlog is being offered some kind of rate buydown that is comparable to new sales.” (San San Antonio, TX). New-Home Sales. Builders.

article thumbnail

FHA and GSE Loan Limits Will Increase in 2023

Pro Builder

FHA loans are designated primarily for entry-level buyers with low down payments and credit scores, and according to John Burns Real Estate Consulting, the new loan limit will allow this market segment to qualify for a higher balance mortgage in 2023. Housing Policy + Finance. Housing Policy + Finance.

Finance 52
article thumbnail

Eichler Homes: Trademark in Architecture, Neighborhood Integration

Pro Builder

Joseph Eichler’s designs defined middle-class homes at the time, as did his work toward fair housing policies and integrated neighborhoods, according to Dwell. He went on to organize California’s housing issues convention, assisted in writing the state’s fair housing law, consulted with the federal Housing and Home Finance Agency, and more.

article thumbnail

FHA and GSE Loan Limits Are Increasing in 2023

Pro Builder

FHA loans are designated primarily for entry-level buyers with low down payments and credit scores, and according to John Burns Real Estate Consulting, the new loan limit will allow this market segment to qualify for a higher balance mortgage in 2023. Housing Policy + Finance. Housing Policy + Finance.

Finance 52
article thumbnail

Zillow Forecasts Home Prices to Fall in These 259 Markets

Pro Builder

housing market as house prices continue to fall. The Federal Reserve’s fight against inflation has many questioning the possibility of a housing crash as rising mortgage rates force the U.S. housing market into a sharp slowdown. head of research at John Burns Real Estate Consulting, tells Fortune. Housing Markets.