Financials Rapidly Rising Student Debt Keeps Millions From Homeownership Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. Over the course...
Market Data + Trends How Did First-Time Buyers Fare Last Quarter? Despite low, low housing inventory and rising home prices, first-time buyers accounted for 31% of home sales in the fourth quarter of 2020....
Financing First-Time Buyers Are Choosing Conventional Over FHA Financing An increasing number of first-time buyers opted for conventional, conforming loans rather than FHA-insured mortgages in January. Just 24% of...
Financials Americans’ Personal Income, Savings Increase Double-Digits Coronavirus stimulus payments helped to heighten Americans’ personal income by 10% in January, according to data from the Bureau of Economic...
Market Data + Trends Existing Home Sales Inch Forward in January Existing home sales inched forward last month, but the same could not be said of housing inventory, which remained 26% lower than last year....
Financials Homeownership Remains the Largest Asset for Households Homes remain the primary source of household wealth, according to the Federal Reserve’s 2019 Survey of Consumer Finances. Homeownership...
Business Management Home Building by the Numbers: Financial and Operations Analysis The Shinn Group’s long-running Fin-Op analysis, backed by decades of data, offers builders a road map to profitability and a benchmark of performance
Financials How Will Rising Mortgage Rates Affect Homebuying? Mortgage rates dipped slightly this week due to investor activity, but that may be the last of it. Freddie Mac reported the 20-year fixed...
Multifamily Renters Are Four Months Behind on Payments, Analysis Shows During a five-year period, approximately 7 million Americans lost their homes to foreclosure during the mortgage crisis and Great Recession....
Financing Is This the End of Low Mortgage Rates? For the first time in seven months, the rate for a 15-year fixed mortgage increased. The average contract interest rate for a 30-year fixed...