Tag Archives: Household Income

Chief Economist Mark Fleming of First American states that “given the large loss of affordability buyers experienced this year, a possible improvement next year will be a welcome relief for potential buyers.”

A new Fannie Mae report finds consumer confidence declining to the lowest level seen in the report’s 11-year history.

As housing affordability continues its decline, the latest analysis from First American projects home price appreciation to fall further as the booming sellers’ market seen in early 2022 has now turned in favor of homebuyers.

With many Americans citing high home prices and mortgage rate conditions as primary reasons for being unable to afford a home, an estimated 75% of consumers in Fannie Mae’s latest Home Purchase Index believe now is a bad time to buy a home, causing many to pull back from their home searches.

Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, looking at recent cooling of annual rate of home price appreciation and the intertwined impacts of both affordability and inventory on those trends. According ...

Recently released data from the U.S. Census Bureau reports that the U.S. annual household incomes showed their first annual increase since 2007 and the strongest pace of income growth in a decade.

The expectations of consumers toward inflation, the economy, housing, personal finances, and the labor market were up across the board, according to a survey from the New York Fed.