top of page
Search
  • Metro East REIA

Black Knight Says Housing is the Least Affordable since the Mid-1980s

Black Knight’s Mortgage Monitor Report for May, 2022 says home prices rose 1.5% from April, which they say is nearly twice the historical average for the month of May. However, they say with 30-year mortgage rates hovering close to 6% and home prices up nearly 11% since the start of 2022, home affordability is at its worst point since the mid-1980s. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The National Association of Realtors is reporting that existing home sales were down 1,5% in December to a seasonally-adjusted annual rate of 4.02 million (down 34% year over year). Total housing inv

The U.S. government is reporting that privately‐owned housing starts in December were at a seasonally adjusted annual rate of 1,382,000, which is 1.4% lower than November’s revised number and 21.8% lo

We recently posted the 2022 U-Haul numbers revealing the migration patterns based on their one-way truck rentals. Now we’re looking at United Van Lines’ 46th Annual National Movers Study. United say

bottom of page