RealEstateEconomyWatch.com Insight and Intelligence on Residential Real Estate
What would an influx of 3.8 million entry-level homes do for housing affordability? Limited inventory and strong demand continue to push home prices higher in America’s hottest housing markets, leading to declining affordability. Forecasters are raising their predictions as tight inventories of homes, particularly lower priced properties, keep first-time buyers on the sidelines. Those 3.8 million homes, nearly twice ... Read More »
The Dry Rot in America’s Housing Stock: A Sad Legacy of the Foreclosure Era
