National News
Low interest rates and low unemployment continue to boost the market into 2020.
A new study by Lending Tree shows that single women own almost 14 percent of homes in Chicago.
Low-end rentals are propping up national rent growth, according to CoreLogic.
While most of the predictions about interest rates in 2019 were off by a long shot, one crucial element of the housing market in 2020 remains true: The cost of borrowing is very low, by both modern and historic measures.
It stands to reason that, as home prices rise faster than income, buyers are going to need larger loan amounts. And for the fourth straight year, the Federal Housing Finance Agency has increased the conforming loan limits for Fannie Mae, Freddie Mac and Federal Housing Administration loans.
While there’s no guarantee that Congress or the administration will tackle GSE reform in 2020, the FHFA did announce that it will re-propose regulations on capital requirements for Fannie Mae and Freddie Mac sometime in the next year as a clear move toward the end of conservatorship.
Coming off of the government’s numbers for December, economists predict the home building industry is on track for recovery in 2020.
A new report by the National Association of Realtors ranks fast-growing cities in terms of the interplay between housing affordability and job growth.
A new report estimates the potential profits and costs of being a landlord in cities across U.S.
Rent growth to continue as new supply is absorbed.
Jobs are up, unemployment is steady, but wages barely budged and construction job growth was weak.
Is it a good time to buy? Good time to sell? What’s happening with the economy? The answers to these questions change in relation to how much money you earn, where you live and how old you are.
More good news for the 2020 housing market: Year-over-year, Fannie Mae’s Home Purchase Sentiment Index was up 8.2 points in December.
The CoreLogic HPI Forecast indicates U.S. price index will reach 5.3 percent by November 2020.
After a slowdown in October, contract signings were up 1.2 percent in November, according to the National Association of Realtors.
The latest numbers from Realtor associations at the local, state and national level reveal a “choppy” picture, but one key factor is the same in pretty much every market you look at.