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300,000 Affordable Homes Needed in the US for Middle-income Buyers: NAR Report

Originally published on June 8, 2023 by Troy Green by the National Association of Realtors. 

The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country's persistent housing inventory crunch impacts middle-income buyers more than any other income bracket.

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Housing Key Concern as Military Return to Civilian Life: Report

Originally published on November 10, 2022, for Freddie Mac.

A new survey from Freddie Mac (OTCQB: FMCC) found that 64% of active-duty servicemembers transitioning to civilian life expect their search for affordable housing to be extremely or somewhat challenging. The survey also found that the majority of veterans believe VA Home Loans provide a clear pathway to homeownership. Eighty-seven percent of active-duty military are aware of the program’s benefits, and 90% of active-duty servicemembers who are currently renting plan to use a VA Home Loan to buy a home at some point.

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Affordable Housing at ‘Critical Juncture,’ Report Reveals

Originally published on October 25, 2022, by Michael Tucker for the Mortgage Banker's Association.

The affordable housing market sits at a “critical juncture” as heightened housing demand and soaring inflation challenge low-income households, reported Arbor, Uniondale, N.Y.

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Supply of Affordable Homes up as Forbearance Ends: Redfin

Originally published on November 3, 2021, by Isabelle Novak for Redfin.com.

The supply of America's most affordable homes for sale jumped a record 13% year over year in the third quarter as mortgage forbearance programs came to an end, prompting many owners of low-cost homes to put their properties on the market, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

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