Fannie Mae (OTCQB: FNMA) announced a 3.2-point uptick in its Home Purchase Sentiment Index (HPSI) from May to June to a reading of 72.6. The HPSI is also up 6.6 points compared to the same time last year. In June, 19% of consumers surveyed for the HPSI data believed...
The elevated cost of housing has created new considerations of homeownership by middle-income Americans. According to a new survey published by Santander Holdings USA Inc., 81% of middle-income respondents said the high cost of housing is a major financial issue, with...
Question: Can a U.S. worker earning the minimum wage be able to afford to buy a home? The answer is: Yes, but it will take a lot of time to save for a down payment. A new study by Salt Lake City-based BadCredit.org compared Zillow home prices over the past year to...
A Phil Hall Op-Ed: This Thursday, President Joe Biden and former President Donald Trump will appear at their first presidential debate of the 2024 election. Curiously, I was not asked to serve as a moderator for the event – oh well, those things happen. But if I was...
Affordability issues for homeowners and renters are creating an economic crisis that is not being easily solved with new construction, according to “The State of the Nation’s Housing 2024” report published by the Joint Center for Housing Studies of Harvard University....