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  • Real Estate News

    ATTOM: Housing affordability reaches 10-year low
    According a report from ATTOM Data Solutions, Q1 2018 home affordability was at its lowest since Q3 2008. The Home Affordability Index has fallen from 102 to 95, the lowest since Q3 2008’s index of 86.

    FHFA: Home prices rise slowly
    Home prices increased slightly in April, rising only 1% from March. Capital Economics says as interest rates continue to rise and mortgage lending stays tight, there will be a continual slowdown in annual price growth.

    Faith in multifamily still strong despite month-over-month drop in permits
    According to U.S. Census and HUD data, multifamily permits dropped 8.7% from April to May, and though that may sound like a significant drop, experts say the multifamily train is still rolling and that the nation is on track to complete 350,000 plus units by year’s end. And that's a good thing.

Sunset Beach, Ocean Isle Beach & Oak Island, NC

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