Lower Mortgage Rates, Better Purchasing Power

Lower Mortgage Rates, Better Purchasing Power

This article¹ from Builder Online states that now is a good time to purchase a home due to the recent drop in mortgage rates. Mortgage rates were around 7.5% in April and are currently at 6.85%, creating approximately $22,500 of purchasing power for buyers. CCM tracks...
Housing Horizon 2033

Housing Horizon 2033

John Burns Research and Consulting provides excellent data.  Based on the demographic trends and the existing shortage, the US requires 1.86M new homes (for sale and for rent) every year until 2033, to meet the yearly demand.