Latest Affordable housing Stories
Harvard Report Reveals Housing Becoming Unaffordable for More Americans Summit, NJ (PRWEB) July 04, 2013 This July 4th brings good news in housing. Home prices are rising, sales are brisk, new housing starts are up and those “under water” or in foreclosure are declining in number. Lost in the plethora of good news, however, is the fact that a record 20.5 million U.S. households are now paying more than one half of their income for housing alone. These “severely cost burdened”...
According to the team at Realtypin.com, the recent surge in mortgage rates has caused more homebuyers to jump into the market. Los Angeles, California (PRWEB) June 25, 2013 The team at Realtypin.com -- a website that analyzes real estate news and developments -- says that homebuyers are suddenly coming out in droves, thanks to a recent surge in mortgage rates. According to Freddie Mac, the average rate for a 30-year fixed mortgage hit 3.93% at the end of last week. In fact, rates have...
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