Financials Monthly Mortgage Payments Are Up to an All-Time High The typical monthly mortgage payment shot up 39% in April—the biggest annual gain on record
Affordability Home Price Declines Are Possible But Rare for Most Housing Markets Though some lucky housing markets could soon see relief from soaring prices, many will contend with waning affordability for the long haul
Housing Policy + Finance Colorado Lawmakers Introduce Bill to Create Affordable Modular Homes The Innovative Housing Incentive Program seeks to create more affordable housing across Colorado with the help of modular homes manufacturers
Housing Markets Sun Belt Buyers Need 40% More Income to Afford a Home Homebuyers migrating to Sun Belt markets are nearly doubling their budgets to afford new home payments
New-Home Sales New-Home Sales Drop as Median Sales Prices Surge to New Highs A lack of housing affordability is causing a dip in sales, particularly for first-time buyers with limited budgets
New-Home Sales Rising Mortgage Rates, Home Prices Slow Homebuyer Competition Bidding wars are easing across the U.S. for the first time in six months after the most recent jump in mortgage rates
Affordability Closing Costs Are Reaching New Highs The latest roadblock in an ongoing affordability crisis is the result of soaring closing costs on home purchases, making it difficult for first-time buyers to close on home sales in an already pricey market
New-Home Sales March Home Sales Dropped as Inventory Dwindled and Prices Soared For-sale homes were in short supply during March, but even those who managed to find pockets of inventory were held back by elevated prices
Build to Rent What’s Driving the Demand for Single-Family Rental Homes? Catalysts for the SFR sector include barriers to homeownership, migration out of urban centers, and the ongoing pandemic
New-Home Sales Mortgage Rates Are Rising, But Some Homeowners Are Staying Behind the Curve Nearly one-third of all homeowners still have mortgage rates below 4%, prompting many to hold off on home sales
