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While in the midst of the most rapid slowdown in Home Price Appreciation (HPA) since the bust of 2007-2011, demand pull inflation continues to exert a strong influence on general inflation.
In August 2022, rent was less affordable than the previous year. Renters earning the typical household income devoted 26.4% of their income to lease a typical for-rent home (vs. 25.7% in August 2021).
HPA declines seem most likely at the high end of expensive markets, at the low end of some FHA markets, and in metros with stagnating or declining job growth.
The Housing Center of the American Enterprise Institute (AEI) has created this unique Walkable Oriented Development Map
The briefing also gave Capitol Hill policymakers a snapshot of how the racial homeownership divide grew deeper during the pandemic
Edward Pinto is a popular panelist at American Enterprises Institute Conferences (AEI): 10th Annual Housing Conference - Join AEI for the 10th annual housing conference...
ICE Mortgage Technology, a leading global provider of data, technology and market infrastructure, recently announced that MERSCORP Holdings, Inc., the mortgage industry’s national electronic loan registry, is expanding its capabilities to now include industry-wide, secure storage of Remote Online Notarization (RON) videos for lenders, investors, and servicers.