Affordability

Affordability

Affordability

Affordability

Affordability

Affordability

Affordability

Affordability

Affordability

States that had the greatest number of REOs in October 2022, included: Illinois (1,100 REOs); New York (273 REOs); Pennsylvania (251 REOs); Michigan (239 REOs); and California (194 REOs).

​​​​​​​Terri Murphy
3 Min

Then along comes Bonfire, a simple, fast, and efficient way to begin owning real estate that can work while you don’t!

​​​​​​​John Reilly
October 21, 2022
5 min

It analyzes the motivation for home sellers to sell to institutional buyers, the impact of institutional investors on home prices and rents, and the quality of service offered by institutional landlords relative to “mom-and-pop” landlords based on a survey REALTORS®.

At the end of September, the AEI Housing Center hosted six convenings on Increasing Housing Supply with SB -9 and SB -10 in San Francisco, Sacramento, Fresno, Riverside, Los Angeles, and San Diego. These discussions were led by the AEI Housing Center's Ed Pinto, Tobias Peter, and Arthur Gailes and brought together a wide range of policymakers, practitioners, advocates, researchers, and academics.

​​​​​​​Saul Klein
October 12, 2022
5 min

​​​​​​​John Reilly
October 5, 2022
10 min

When we look year over year, it was like an 18.5% increase in prices. This year, it is probably slowing down to about 13.5%. It’s still an increase. So, we are concerned about affordability, especially for first-time homebuyers

​​​​​​​John Reilly
September 30, 2022
3 min

​​​​​​​John Reilly
September 24, 2022
5 min

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.

​​​​​​​John Reilly
September 23, 2022
5 min

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). 

​​​​​​​Terri Murphy
September 11, 2022
4 min

Dr. Perry shared that she is “excited” about these programs as a start but mentions that we still have a challenge of the high prices of homes on the market, and the scarce supply of units, thus making getting a mortgage still a barrier to achieving the ultimate home ownership dream.

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