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
Housing Starts and Building Permits Exhibit New Found Strength
Total housing starts jumped 20.2% from March to April to hit an annualized pace of 1.14 million with single-family starts jumping by 16.7% to 733,000. Building permits rose 10.1% from
Macro Impacts to Housing Market
Daren Blomquist with RealtyTrac discusses the impact of various macro-economic factors on the housing recovery. Among the factors discussed are the stock market, oil prices and the influence of foreign
Cities Can’t Assume a Continued Boost From the Young
Over the past decade, many American cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee
