Housing and Economic Research

Research Note | September 20, 2021

Racial and Ethnic Valuation Gaps In Home Purchase Appraisals

To follow up on several stories of potential appraisal bias in various news outlets, Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that is lower than the contract price during purchase transactions.

Read More>Racial and Ethnic Valuation Gaps In Home Purchase Appraisals

• Research Note | August 26, 2021

  The Growth of Sole-person Households: Creating Even More Demand for Smaller, More Affordable Homes

  One of the key changes in household composition is the increase in sole-person households. In the past 40 years, sole-person households have almost doubled in the United States. More

  
• Forecast | July 15, 2021

  Quarterly Forecast: Housing Market Expected to Remain Strong Despite Major Supply Shortage and Historically High House Prices Across the U.S. Slowing Sales

  The latest employment report from the U.S. Labor Department showed that while the U.S. economy added 850,000 nonfarm payroll jobs in June, it is still down 6.8 million jobs from February 2020. Job openings have surged to a record high of 9.2 million, and as the economy continues to reopen, we expect the economy to continue to mend. Consensus forecasts put full year U.S. Real GDP growth over 6% in 2021, which would help to close the large gap between the current level of economic activity and potential output. More

  
• Consumer Research | July 12, 2021

  Credit Reporting Perceptions

  According to a recent Freddie Mac survey of homeowners and renters, many Americans are confused about the impact of debt on their credit profile. More

  
• Research Note | July 12, 2021

  Has An Urban Exodus Occurred? Residential Environment Trends Shaping the Future of Where We Live

  As we noted in a previous report, there was an observed shift of home purchases in the last decade, even before the onset of COVID-19, from urban areas to suburbs and rural towns. We went on to link several possible socioeconomic factors driving the ongoing trend of household migration away from urban areas. More

  
• Research Note | June 2, 2021

  Rural Home Purchases Outpaced Urban Purchases Through the 2010s

  The COVID-19 pandemic has increased interest in homeowner mobility. There has been a growing trend of moving away from urban areas as housing preferences have shifted towards larger homes that are more conducive to remote work and virtual learning. More

  

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Opinions, estimates, forecasts, and other views contained in this document are those of Freddie Mac's Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, and should not be construed as indicating Freddie Mac's business prospects or expected results. Although the Economic & Housing Research group attempts to provide reliable, useful information, it does not guarantee that the information or other content in this document is accurate, current or suitable for any particular purpose. All content is subject to change without notice. All content is provided on an “as is” basis, with no warranties of any kind whatsoever. Information from this document may be used with proper attribution. Alteration of this document or its content is strictly prohibited. ©2021 by Freddie Mac.

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