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Biden Announces Housing Supply Action Plan to Boost Inventory Nationwide

Pro Builder

Biden Announces Housing Supply Action Plan to Boost Inventory Nationwide. Biden's most recent housing initiative seeks to overcome a decades-old supply deficit, but experts worry that not all homebuyers will benefit equally. Housing Policy + Finance. Housing Policy + Finance. Tue, 05/17/2022 - 10:35.

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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Housing Policy + Finance. Housing Policy + Finance. Mon, 05/09/2022 - 10:26. New-Home Sales. Human Resources.

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Mortgage Banks Reported Negative Profits for the First Time Ever in 2022

Pro Builder

The 2022 deficit represents a 113% decrease from the previous year's average income of $2,339 per mortgage. Read more Financing Affordability Market Data + Trends Financing The stellar profits of the previous two years dissipated because of the confluence of declining volume, lower revenues, and higher costs per loan."

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Home Prices Increase 17.2%—Is the Housing Market in a Bubble?

Pro Builder

Is the Housing Market in a Bubble? Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory.

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Biden's Promised Changes to the Housing Market

Pro Builder

Biden's Promised Changes to the Housing Market. Along the campaign trail, President-elect Joe Biden promised changes to housing plans in order to create more opportunities for low- and middle-income Americans. These are some of his more innovative ideas about combining housing assistance with improving communities," says Goetz.

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Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet

Pro Builder

Why Elevated Mortgage Rates Could Be the Housing Market’s Biggest Threat Yet. After two years of record-breaking price gains, supply chain disruptions, shortages, and heightened competition, a recent spike in mortgage rates could pose the biggest challenge yet for a supercharged housing market. Housing Policy + Finance.

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Zillow Predicts Affordability Issues for Renters by End of 2021

Pro Builder

If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many renters will become newly housing-cost burdened by the end of the year. The threshold for which a resident is deemed “housing-cost burdened” is if they pay more than 30% of their monthly income.

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