Home prices rose at an unprecedented pace in the aftermath of the COVID-19 pandemic as interest rates fell to record lows, the large cohort of millennials aged increasingly…
Home prices rose at an unprecedented pace after the start of the COVID-19 pandemic, the result of record-low interest rates, the continued aging of millennials into prime…
Alexander Hermann, Whitney Airgood-Obrycki
•
February 7, 2024
However defined, rural areas in the US face significant and unique economic and housing challenges. Yet there is no standard definition of rural used in federal policy and no…
Alexander Hermann, Whitney Airgood-Obrycki
•
February 7, 2024
In the United States, rural areas face significant and unique economic and housing challenges. While far from homogenous, rural areas nevertheless tend to share some similar…
With home prices and rents hovering near record highs, and for-sale inventories and vacancies stuck near record lows, there is a significant housing shortfall. Most experts…
Chris Herbert, Alexander Hermann, Daniel McCue, Chadwick Reed
•
January 23, 2024
Manufactured housing holds promise as an affordable form of housing that could expand homeownership opportunities for low- and moderate-income households. This report reviews…
Alexander Hermann, Peyton Whitney
•
January 22, 2024
In 2022, the median sale price for a single-family home in the US was 5.6 times higher than the median household income, higher than at any point on record dating back to the…
As slowing multifamily construction underscores a downturn in rental markets, optimists see rental demand holding strong over the long run, and point to favorable…
Piling on top of steep jumps over the past year, both mortgage interest rates and home prices rose again in mid-2023, further eroding affordability for homebuyers and leaving…
Despite the cooling housing market, inventories of existing homes for sale have barely budged from all-time lows experienced during the pandemic. As a result, homebuyers have…