WASHINGTON, Feb. 8 [Category: Real Estate] -- The National Association of Home Builders issued the following news release: Mortgage rates that hit more than a 20-year high, coupled with elevated construction costs and excessive regulatory costs, left housing affordability in the fourth quarter of 2023 virtually unchanged from the previous quarter and holding near its lowest level in more than a decade. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunit  more

WASHINGTON, Feb. 8 [Category: Real Estate] -- The National Association of Realtors issued the following news release: See and share this infographic. WASHINGTON (February 8, 2024) - More than 85% of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79% to 6.61%, according to the National Association of REALTORS(r)' latest quarterly report. Fifteen percent of the 221 tracked metro areas experienced doub  more