For renters and buyers, home affordability is largely about location
Despite continued home-price increases, purchasing a home remains more affordable than renting in a slim majority of U.S. counties. That’s according to Attom Data Solutions’ 2020 Rental Affordability Report, which includes data that was compiled and analyzed prior to the coronavirus pandemic. Among the 855 counties studied for the report, owning a median-priced, three-bedroom home […]
Residential Spotlight: Southwest Region
These tourism-dependent states suffered a blow.
Uncertainty reigns regarding mortgage performance quality
One of the chief concerns for the mortgage industry as the U.S. attempts to recover from the coronavirus outbreak is forecasting how many loans will slide into delinquent or default status, and how many homes will wind up in foreclosure. These questions are not easy to answer and will require mortgage lenders, originators and others […]