Latest Housing Affordability Data

At the national level, housing affordability is up for the month of February due to an increase in home prices and minimal movement in wages. What is affordability like in your market? Housing affordability is up for the month...

Construction Costs and Commodities Price Trends

The cost to build homes has been rising much faster than the broader consumer price index.  In February the construction cost to build homes rose 7.8 percent from one year ago.  Cumulatively over the past 2 years, the cost...

Job Additions, State by State

North Dakota has been dethroned, knocked from the top as the best job creating state in the latest state level jobs data. Nevada moved to the top with a 3.8 percent job addition rate over the past 12 months...

Unemployment Insurance Claims Drop to Lowest Since 2000

Initial claims for unemployment insurance[1] filed in the week ended April 5 dropped to their lowest level in years to 300,000. The last time the weekly number of claims filed hit around this level was in 2000. The Department...

When the Sting of FHA’s Fees Becomes a Bite

The FHA has more than doubled its mortgage insurance premiums since 2010 and most recently eliminated the phase out of mortgage insurance on certain products. As a result, the private mortgage insurance industry has been able to recover and...