This St. Louis suburb is the nation’s most affordable, but with a caveat

Markets across the Midwest and South offer enviable affordability; however, lower housing prices can reflect deeper issues, such as economic disinvestment and discriminatory housing policies. Continue reading

October brought the strongest buyer’s market in 12 years: Redfin

The number of homesellers exceeded homebuyers by a record 36.8 percent in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday. Continue reading

Are 50-year mortgages an affordability fix or a time bomb?

This week on The Download, Inman contributors and staffers weigh in on the controversy surrounding President Trump’s 50-year mortgage idea. Continue reading

Trump administration lays out 5-year goals for Fannie, Freddie

Equitable housing and climate change risk are out, deregulation and combating fraud are in. The plan sheds little light on Trump administration’s bid to spur homebuilders into expanding housing supply. Continue reading

Fannie, Freddie close NY offices as Trump battles Letitia James

The Trump administration is using its tight control over the mortgage giants to continue a vendetta against New York attorney general and other political opponents, critics say. Continue reading

48% of Americans blame investors for ‘unreasonable’ housing costs

A staggering 93 percent of Americans believe housing costs are “unreasonable,” according to Searchlight Institute’s latest affordability survey. Continue reading

‘Construction is in a funk’: Homebuilding improves, but inventory issues remain

The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading

Single-family permits and starts reach 11-month low in June

Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit. Continue reading

‘Uber depressed’ home sales prompt stark ‘red flare’ warning from economist

Elevated mortgage rates, weakening home price growth and uncertainty from Trump’s tariff policy are setting the housing market on a dangerous path, Moody’s Mark Zandi said, with homebuyers and homebuilder hitting rock bottom. Continue reading

New-home sales beat expectations in March — by a long shot

The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows. Continue reading