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Housing Headlines

Nearly 100,000 members of Generation Z own a home (they're 23 and younger)

ECONOMIC NEWS

MarketWatch

Nearly 100,000 members of Generation Z own a home (they're 23 and younger)

Some U.S. homeowners are getting started early. Really early. Benjamin Ulloa, a 19-year-old real estate broker who lives with his parents in Oregon, purchased a home in Hoquiam, Wash., two years ago.

CNBC

Here's what you need to earn to buy a home in these big cities

Record-low inventory is causing home prices to rise across the U.S., so higher salaries are now required to afford monthly housing payments, according to SmartAsset.

The Wall Street Journal

New York housing is getting (gasp!) more affordable

What will New Yorkers do if they can't bemoan the cost of housing at every cocktail party and youth-soccer match? Signs are emerging that the city's perpetual housing worries may be easing. (Subscription may be required.)

National Mortgage News

12 cities where homes for sale are dwindling

As housing demand continues outpacing supply, tight inventory is plaguing potential buyers and putting upward pressure on home prices. But supply in some housing markets worse off than others.

 

 

 

MarketWatch

Over a million Americans may have just lost their shot at refinancing

Interest rates have surged in the opening weeks of 2018, raising uncomfortable questions about how much higher they can go before home purchases become unaffordable.

The Wall Street Journal

Spring home sales could be the weakest in years

The economy is booming, take-home pay is rising and millennials are getting married and having children. Despite all those homebuying catalysts, this could one of the weakest spring selling seasons in recent years. (Subscription may be required.)

The Wall Street Journal

Mortgage rates at a four-year high threaten to roil housing

U.S. mortgage rates have hit their highest level since 2014, a new challenge for a housing market that has been central to the economic recovery but remains vulnerable to even modest headwinds. (Subscription may be required.)

MarketWatch

U.S. adds 313,000 jobs in February in biggest gain in a year and a half

The U.S. added 313,000 new jobs in February, the biggest gain in a year and a half and clear evidence that a strong economy has plenty of room to keep expanding.