With home prices slow to fall, would-be buyers are getting squeezed out

People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. The dream of homeownership may be further out of reach for people who lost income during the pandemic, with high home prices unlikely to … Read more

Rising home prices boost demand for jumbo mortgages

Demand for purchase loans rose last month to levels approaching records set in March, but rising home prices mean homebuyers are increasingly likely to need to apply for jumbo loans that have traditionally carried higher interest rates. The latest Originations Market Monitor report from mortgage and property data aggregator Black Knight shows purchase loan rate … Read more

Habitat for Humanity is building a 3D-printed home in Arizona

Habitat for Humanity is looking to tackle the lack of affordable housing in Arizona by building its first 3D-printed home in the U.S.  The building site for the single-family home is located in the city of Tempe, according to a press release by Habitat for Humanity Central Arizona. Around 70 to 80 percent of the … Read more

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