Category Archives: Economy
Talking Points
Distressed sales, which include REO and short sales, accounted for 8.4 percent of total home sales nationally in May 2016, down 2.1 percentage points from May 2015 and down 1 percentage point from April 2016. Within the distressed category, REO...
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What’s your neighborhood score for aging in place?
Source: Builder Many older adults say they want to stay put in their homes as they age. But how many older adults will actually be able to do so is another question. A recent AARP study showed that 71 percent of 50 to 64 year olds want to stay in...
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Homeowners overestimate their home values
Source: Housing Wire To be sure, home prices are rising and even hitting highs in some markets but they are not rising quite as high as homeowners may think, according to the National Home Price Perception Index (HPPI) release by Quicken Loans....
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Many Full-Time Workers Face Housing Affordability Problems
Source: Harvard While statistics on the gap in affordable housing clearly indicate the magnitude of the problem, they mask the extent of the difficulties that certain low-wage workers often face in obtaining a unit they can afford, particularly...
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