December 2015 Housing Affordability Index

At the national level, housing affordability is down from a year ago as higher home prices and only slightly lower mortgage rates mean that monthly payments are rising faster than incomes. Housing affordability declined from a year ago in...

President’s Day 2016: How Does the White House Compare to the Average Home

In the spirit of President’s Day we can use data from the 2015 Profile of Home Buyers and Sellers to see how the typical home differs from the White House. Typical Home Purchased in the U.S. 84% of buyers purchased a...

January Housing Market Preview

The official Existing-Home Sales are released on Tuesday, February 23, 2016. However, savvy REALTORS® and real estate analysts know that some real estate data is already available from local sources. What do these early January numbers tell us? For...

FHFA’s GSE Housing Goals are Targeting to Increase Affordable Housing Opportunities for Low-income Families in 2015-2017: A REALTOR® University Speaker Series

In a presentation in the REALTOR® University Speaker Series held recently, Dr. Paul Manchester presented the affordable housing goals for the government-sponsored enterprises, Fannie Mae and Freddie Mac, for 2015-2017.[1] FHFA’s housing goals for the GSEs pertain to increasing...

Financing, Home Inspection, and Appraisal Issues: Major Issues Affecting Contract Settlement

In reporting on their last contract that went into settlement or was terminated over the period October–December 2015, REALTORS® reported that 33 percent of contracts had delayed settlement, according to the December 2015 REALTORS® Confidence Index Survey Report. Among...