RealtyTrac: Buying a home is unaffordable in 18% of counties RealtyTrac: Home prices outpacing wage growth in 76% of U.S. Roughly two-thirds of Californians can’t afford to buy a home
News home affordability declines: realtytrac Nearly 20% of counties grow less affordable in Q2 2016, with Kings County, N.Y., being the least affordable.
Real Estate RealtyTrac: Buying a home is unaffordable in 18% of counties But wage growth and low interest rates temper the trend
The vacancy rate in Orlando is near 18%, which prompts the immediate. The State: In Florida there are counties that do satellite surveillance on backyards to see if there is an unstated addition to.
That’s because in most of the country, anyone who has owned a home for even a year or two is likely sitting on enough equity to sell or refinance if the loan payments become unaffordable. listing.
Detroit’s $1,000 houses may be a lousy deal DETROIT (WWJ/AP) – Wayne County will send people door-to-door to offer thousands of foreclosed Detroit homes for as little as $500, a move that would keep a roof overhead for occupants and.
The vacancy rate in Orlando is near 18%, which prompts the immediate. In Florida there are counties that do satellite surveillance on backyards to see if there is an unstated addition to a home or.
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Contents Adp national employment monthly employment report today reported wednesday. analysts housing finance reform According to MarketWatch, private-sector employment growth slowed in October, with employers adding 130,000 jobs. Black Knight: Cash-out refis up 68% since 2Q 2014 – Resulting post-cash-out refinance loan-to-value (LTV) ratio of 65.6% was lowest on record, with an average.
FHA may relax condo rules soon 16:45 ET Subscribe to our weekly e-newsletter, Top News. Realtors: FHA should relax condo rules further. The federal housing administration hasn’t gone far enough in relaxing its rules on borrowers seeking an FHA loan for a condominium, according to the National Association of Realtors (NAR).
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· And median home price growth outpaced wage growth in more than 60% of counties. The share of counties not affordable by their own historic standards jumped from 2% of all counties a year ago to 9% of all counties in the first quarter of 2016. Compare that to 2007-2008, when more than 80% of markets were less affordable than historic norms.
according to RealtyTrac. A total of 304,439 U.S. properties started the foreclosure process in the first half of the year, down 4% from a year ago and 18% below foreclosure starts in the first half of.