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The American dream and the affordability crisis

Housing Wire

A crisis of affordability. Many housing economists — including the chief economists for the National Association of Home Builders (NAHB) and Moody’s Analytics — have called out the current affordability situation as a “crisis.” Buyer morale is at an all-time low for good reason. Americans feel the same way.

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Seattle/King County Activity, Prices Show a Monthly Jump

Will Springer Realtor

Affordability remains the toughest hurdle to overcome for most buyers. Mercer Island is deemed the least affordability city in the county, according to the university’s Washington Center for Real Estate Research. Rising mortgage rates are the main culprit for this affordability challenge. jump in Snohomish, 3.9%

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. 1, and there could come an affordability tipping point, as I noted earlier. housing market needs 3.8 million units.

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What Are Fannie’s New Appraisal Online Formats?

Appraisal Today

To read more plus appraiser comments, click here My comments: Read this article! To read more and see lots of interesting photos, click here My comments: I have never seen a house with so many windows! A good analysis in one location. I have read lots of very short comments, but this one is much longer. Appraiser Humor.