Browsing Posts In: Economist Commentaries

April 19, 2017 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

The Federal Housing Administration (FHA) plays a critical role in the housing market by guaranteeing financing to underserved portions of the population and by providing support to the broader housing market during cyclical downturns. In late 2016, a measure of delinquency hinted at budding stress for the FHA, but recent data suggests that conditions have […]

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April 18, 2017 Posted by: Amanda Riggs

Each month, the Housing Opportunities and Market Experience (HOME) survey tracks changes in consumer views regarding the housing market. With HOME being launched in the first quarter of 2016, we can now compare what consumers are thinking about trends in real estate in the last year. Across the board, consumers felt that home prices increased […]

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Posted by: Amanda Riggs

Each month, the Housing Opportunities and Market Experience (HOME) survey tracks changes in consumer views regarding the housing market. With HOME being launched in the first quarter of 2016, we can now compare what consumers are thinking about trends in real estate in the last year. Across the board, consumers felt that home prices increased […]

... Read More

April 17, 2017 Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.43 percent this February, up compared to 4.04 a year ago. Housing affordability declined from a year ago in February moving the index down 8.7 percent from 175.9 to 160.6. The median sales price […]

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Posted by: Amanda Riggs

Millennials, buyers ages 36 years and younger, make up the largest share of home buyers by generation at 34 percent of all home buyers in 2016 (down from 35 percent in 2015). This group was born between 1980 and 1998 and is the largest share of buyers for the fourth consecutive year. Sixty-six percent of […]

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Posted by: Amanda Riggs

Millennials, buyers ages 36 years and younger, make up the largest share of home buyers by generation at 34 percent of all home buyers in 2016 (down from 35 percent in 2015). This group was born between 1980 and 1998 and is the largest share of buyers for the fourth consecutive year. Sixty-six percent of […]

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April 14, 2017 Posted by: Amanda Riggs

Generation X, buyers ages 37 to 51 years, make up the second largest share of home buyers by generation at 28 percent of all home buyers in 2016. The median age for this group is 43 years old and they were born between 1965 and 1979. They tend to have the largest families; 62 percent […]

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April 13, 2017 Posted by: Amanda Riggs

The National Association of REALTORS® surveyed its members to learn more about sustainability issues real estate agents face in their industry. More specifically, what environmentally sustainable features are buyers looking for when they purchase a home, how do wind and solar energy factor into a buyer’s perception of the home’s value, and what market considerations […]

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April 12, 2017 Posted by: Amanda Riggs

Younger Boomers, buyers ages 52 to 61 years, make up 16 percent of all home buyers in 2016. The median age for this group is 57 years old and they were born between 1955 and 1964. This age group is the most likely to purchase a multi-generational home at 20 percent. Their reasons for purchasing […]

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Posted by: Amanda Riggs

Younger Boomers, buyers ages 52 to 61 years, make up 16 percent of all home buyers in 2016. The median age for this group is 57 years old and they were born between 1955 and 1964. This age group is the most likely to purchase a multi-generational home at 20 percent. Their reasons for purchasing […]

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