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The US housing market has an inventory problem » Mortgage Masters Group

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The exact impact of deteriorating affordability on the overall housing market as a result of rising mortgage interest rates is still to be determined. Demand from home buyers is incredibly high right now, driven by a strong economy and an aging millennial population looking to transition from renters to homeowners as they establish careers and.

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Student debt continues to be an issue, along with the ability to qualify for a mortgage, according to Genworth Mortgage Insurance’s recent survey. However, mortgage industry professionals predict the first-time homebuyers market will be strong in 2018, growing more than the overall housing market did this year.

A likely shift in the mortgage market is creating ‘prisoners’ in housing.. In a market with tight inventory, the decision to sell depends on whether homeowners want to risk selling and then not.

Is the housing market heading toward an inventory. it’s a good time to not only reflect on the successes that the mortgage broker community has achieved over the last 18 months, but also to.

The total number of all housing units is a statistic derived from the Housing Vacancy Survey, which is a supplement to the Current Population Survey. A housing unit is a house, an apartment, a.

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Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry. Housing Market Index (HMI) Check the pulse of the single-family housing market, according to a monthly survey of NAHB members.

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