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Fannie Mae: Housing Sentiment Level Rises

Fannie Mae: Housing Sentiment Level Rises

by Phil Hall | Jul 8, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity

Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity

by Phil Hall | Jun 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Can Minimum Wage Earners Afford to Buy a Home?

Can Minimum Wage Earners Afford to Buy a Home?

by Phil Hall | Jun 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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: 10 Questions for the Biden-Trump Debate

A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate

by Phil Hall | Jun 24, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Harvard Study: New Construction Barely Addresses Housing Affordability Challenges

Harvard Study: New Construction Barely Addresses Housing Affordability Challenges

by Phil Hall | Jun 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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....
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