The U.S. housing market is currently the least affordable in at least 25 years: GS Housing Affordability Index Affordability is, generically, the ratio of monthly income vs. the median price of a home. Essentially the […]
For those in the housing and mortgage market, there’s certainly been a shift in the tone over the past few weeks. I can’t speak for everyone in that market, but in daily conversations with mortgage […]
The Census Bureau’s regularly scheduled monthly report on New Home Sales was released this morning. The annual pace of 616k was right in line with the median forecast of 617k. This is technically an improvement, […]
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