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Housing affordability falls to lowest level since Great Recession

Floor Covering News

Washington, D.C.—Rising Taming housing costs will ultimately require building more homes, and it will be easier to increase production in more affordable smaller and mid-sized markets that are growing in population and attracting new businesses.”. For the seventh straight quarter, Los Angeles-Long Beach-Glendale, Calif.,

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Housing affordability drops to 10 year low

Floor Covering News

Washington D.C.— Ongoing production challenges and the likelihood of higher interest rates in the months ahead as the Federal Reserve moves to tighten interest rates threaten to drive housing affordability even lower in 2022, according to the NAHB. For the fifth straight quarter, Los Angeles-Long Beach-Glendale, Calif.

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Housing affordability plunges in Q2

Floor Covering News

Washington, D.C.—Soaring Recent NAHB analysis shows that higher costs for lumber products have added nearly $30,000 to the price of an average new single-family home and raised the rental price of a new apartment unit by more than $90,” said Robert Dietz, NAHB chief economist. median income of $79,900. With the U.S. There, just 8.4%

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NAHB: Housing affordability holds steady

Floor Covering News

Washington D.C.—Housing To keep affordability problems from worsening in the future, policymakers need to tackle supply-chain challenges that are hindering new home production,” Dietz said. For the fourth straight quarter, Los Angeles-Long Beach-Glendale, Calif., There, just 8.3%

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Lions Floor: Slow, steady wins the race

Floor Covering News

Roughly 80% of Lions Floor’s offering consists of SPC products. By Reginald Tucker T he skyrocketing popularity of SPC/rigid core continues to lure new players to the game—from those that manufacture other flooring products to pure startups. Each comes with their own unique story or product iteration. Pictured is Hibiki.

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Housing affordability nears two-year low

Floor Covering News

Washington, D.C.—Record-low As builders look to ramp up production, the work-at-home trend is contributing to a suburban shift , meaning that buyers have additional market power to shop for affordable markets.”. Other major metros at the bottom of the affordability chart were in California.

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FSBO: Should You Sell Your Home Without a Realtor?

Freshome Design & Architecture Magazine

“Typically, a realtor charges a 6 percent listing fee: 3 percent to the buyer’s agent, 3 percent to the listing agent, and selling by owner waives this fee,” explains Amanda Graham , a real estate agent at MacDonald/Becker/TTR Sotheby’s International Realty in Washington, DC. But isn’t the homeowner in control of the price anyway?

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