Proposition E would cap office development by 10% annually if certain affordability measures are not met.
Read More »YIMBY Act Approved by the House of Representatives
The legislation was called a “good step forward” in using local zoning laws to alleviate affordability concerns.
Read More »Home Prices Rise for 8th Consecutive Year
Data shows that one sector of housing has been hit harder than the rest, as values in that area are up 97% since 2011.
Read More »HECM Endorsements Report Decline
Click through to see how far the drop was for the reverse mortgage market at the end of 2019.
Read More »Remote Employment Opening Opportunities in Affordable Markets
A strong job market is causing many consumers to rethink their living situation and chase cities that are less expensive.
Read More »Average Mortgage Payments Fell Nearly 7% at Years’ End
Despite the positive data, the report says servicers are struggling to retain borrowers who sought “greener pastures.”
Read More »Freddie Mac Reports Monthly Mortgage Volume
Click through to read more on how much the GSE’s share of the single-family market rose over the past year.
Read More »‘New Housing Supply is Not Keeping Up’
The available stock of for-sale homes hit new lows at the end of 2019, and Freddie Mac stated more than 2 million units will be needed to make up for the current deficit.
Read More »Pending Home Sales Jump More Than 5% in January
A new report says the annual increase is nearing 6%, and a main cause for the spike could be another drop in the average interest rates for mortgages.
Read More »Could the Solution to Affordability be Found in Europe?
A new report suggests public housing may not only be a viable option, but is one that is starting to garner some support among lawmakers.
Read More »