More Than 386,000 Homes at Risk of Coastal Flooding by 2050
By 2050, more than 386,000 existing homes in U.S. coastal areas are likely to be at risk of permanent inundation. By 2100, the estimate is 2.5 million homes. Moderate emissions cuts, roughly in line with the Paris agreement on climate, could reduce the number to a little more than 348,000 homes by 2050 and 1.3 million homes by 2100.
Rates Vault to New Seven-Year High Following Strong Jobs Release
Mortgage rates were decisively higher this week, reaching their highest levels in more than seven years, following Friday’s release of stellar jobs data.
Uneven Recovery: Many High-Foreclosure ZIP Codes Haven’t Bounced Back
In most major markets, ZIP codes that experienced the fewest foreclosures during the housing bust have recovered significantly more than those with the most foreclosures – a phenomenon that further exacerbates wealth inequality.
Amazon HQ Split: Housing Impact Should Be Diluted
The latest news that Amazon may be splitting its HQ2 across two locations dilutes its impact on the selected markets. Some finalist cities had concerns about the impact that HQ2 would have on housing affordability, a top concern across most of the country, but the smaller scale of the new headquarters likewise would shrink its effects on affordability. It will be an easier undertaking to meet a smaller influx of housing demand, and separating its HQ2 locations also gives Amazon the chance to create a broader national footprint.
Americans Move to Cheaper Areas When Having Children
For many people, the decisions to move and to grow their families are intertwined – and having a newborn tends to mean choosing an area where home values are lower.
Birth Rates and Home Values: A Closer Look
Don’t people in pricey places always have fewer children? Doesn’t prior research show a positive relationship between home value gains and greater fertility? And more questions answered!
Stock Turbulence and Strong Economic Data Leave Mortgage Rates Flat
Mortgage rates dipped and then recovered over the past seven days, ending up in roughly the same place as where they stood a week ago.
Blue County Home Values Crashed Harder, Recovered Stronger
Following the 2016 presidential election, homes in counties that voted for Hillary Clinton and President Donald Trump fared very similarly until earlier this year.
August Case-Shiller Results and September Forecast: A Slowdown in Home Prices
It’s more welcome news for would-be home buyers, who must be breathing a collective sigh of relief that home price growth finally has slowed.
First-time Buyers Drive Gains (Q3 2018 Homeownership Rate)
Led by another surge in owner household formation, homeownership rates are up again, but those gains are not driven by those who experienced the housing crash and lived to tell about it.
