Economist Warns That Buyers Face Increasing Troubles
CNBC
By Diana Olick
From a broad view, the U.S. housing market looks very healthy. Demand is high, employment and wages are growing, and mortgage rates are low. But the nation’s housing market is assuredly unhealthy; in fact, it is increasingly mismatched with today’s buyers. While the big numbers don’t lie, they don’t tell the real truth about the affordability and availability of U.S. housing for the bulk of would-be buyers.
About author
You might also like
Dying Shopping Malls Can Make Room for New Condos and Apartments
In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.
New Home Sales on the Wane in the OC
Corelogic recently reported that new home sales in Orange County experienced an unbroken downward streak from November 2014 through September 2015. This downward trend runs counter to what has been
Measure S Would Shackle Construction of Affordable Housing
By Jenna Chandler – Los Angeles Mayor Eric Garcetti is joining the campaign against Measure S, highlighting how it would stymie construction of affordable housing. The mayor joined union workers,
