Economic Updates Archive

Broad Impact of the FHA Fee Freeze

In late January, the new Trump administration froze a number of policy changes made in the waning days of the Obama Presidency. One such change, a 25 basis point decrease in the mortgage insurance premium (MIP) charged by the...

County Median Home Prices

A week after the release of the Housing Price Index for the last quarter of 2016,  the median home price per county[1] has been updated. Applying the price change in the related metropolitan areas, it seems that, compared to a...

Housing Demand over the Next Decade

Housing data in January gave mixed signals on the direction for the year. Closing activity for existing home sales shot up to a decade-high of 5.69 million units at an annualized pace, but pending contracts fell to their lowest...

December 2016: State Job Growth Comparisons

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A More Encompassing Look at Housing Affordability: REALTORS® Affordability Distribution Curve and Score

Because housing is a big part of many Americans’ financial wellbeing the ability to access homeownership – housing affordability – is an important topic. The National Association of REALTORS® (NAR) Housing Affordability Index is a great way to simply...