Fed Governor Miran Predicts Faster Drop in Housing Costs in New Remarks
Federal Reserve Governor Stephen Miran said Monday that he expects a rapid decline in housing-related inflation despite higher costs for ...
Tag: Housing Costs
Lock-In Effect ‘Trapping’ Homeowners, Preventing Moves: Report
The lock-in effect—the gap between existing mortgage payments and the cost of financing a home today—continues to widely affect housing ...
Only 3 Major U.S. Cities Still Pass Affordability Test: Report
When the typical U.S. household has to fork over 44.6% of their income just to afford a median-priced home, financial ...
Researchers Outline Efforts to Ease Burden on Middle-Income Renters
A number of new housing initiatives recently have focused on easing the burden on middle-income renters, according to researcher Alexander ...
Latest CPI Data Shows Lowest Inflation Since 2021
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, ...
Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about ...
‘Golden Handcuffs’ Likely to Shatter in 2024, Bright MLS Says
“Life happens.” While economists have struggled during the past year or so to draw conclusions from the post-pandemic macro environment, ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
The States With the Most and Least Cost-Burdened Homes
While homeownership is known to be costly, 21.48% of owner-occupied households in the U.S. are housing cost-burdened, according to a ...
Property Tax Rates Fell Slightly in 2022, Analysis Finds
In a new analysis released last week, ATTOM property solutions found that homeowners are paying more property taxes on single-family ...
Safe at Home: Holiday Tips That Keep Risks and Hazards to a Minimum
Getting back in touch through emails or notes can provide a subtle reminder that you want to stay connected, as well as providing useful information. Instead of sending a generic Happy Holidays card, why not add helpful holiday safety tips? Read more.
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