Original research and analysis on housing trends, the economy and the mortgage market
As the nation’s affordable housing crisis intensifies, there is a growing movement in high-cost areas for the legalization and expansion of accessory dwelling units (ADUs)—also referred to as granny flats, garage apartments, and in-law suites.
American homeowners have many options when it comes to mortgage financing. Most homeowners with a mortgage opt for a fully pre-payable 30-year fixed rate mortgage. The fixed rate locks in a fixed payment for the life of the loan, while the 30-year term lowers the required monthly payment. More
The effect of COVID-19 has been felt around the world and across the United States. As states have begun easing restrictions, the economy is rebounding but continues to be constrained. More
As large swathes of the U.S. economy shut down to battle the COVID-19 pandemic, the housing market faces its greatest challenge in over a decade. More
The United States suffers from a severe housing shortage. In a recent study, The Major Challenge of Inadequate U.S. Housing Supply, we estimated that 2.5 million additional housing units will be needed to make up this shortage. Our earlier study used national statistics, treating the United States as a single market. What happens when we look closer, basing the analysis at the state level? More
A new Freddie Mac survey shows that affordability remains top of mind for those individuals looking to rent or purchase a home. In fact, Freddie Mac’s “Profile of Today’s Renter and Owner” shows vast majorities of both renters and homeowners believe their current living situation is the most affordable option. More
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