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U.S. Housing Confidence: Future Uncertainty Weighs, But Key Demographic Groups Remain Confident

By Cory Hopkins on 3/1/2016 The headline U.S. Housing Confidence Index dipped to 66.9 in January from 67.4 a year ago. Among people 18-34 years old, 65 percent said homeownership and the American Dream go hand-in-hand, more than any other generation. People-of-color also were more likely than whites to consider homeownership integral to the American Dream. Americans’ overall confidence in the U.S....

Homes with good schools unaffordable on average wages, new study finds

  Chicago rare metro with zip codes both hard and easy to afford Bloomberg In some places, like Atherton, Calif., it’s basically impossible to buy a home in a district with a good school on an average wage. Nearly two-thirds of U.S. zip codes with good schools are unaffordable to homebuyers making an average wage, according to a study released Thursday. The real estate data firm...

Gap between what homeowners and appraisers think is improving

Average home appraisals in October were 1.98% lower than what homeowners expected, marking the second consecutive month the spread has tightened after a long stretch of it widening, according to the most recent data from Quicken Loans. This is also the ninth consecutive month where homeowner’s estimates of value exceeded the appraised value of the home. Click to enlarge (Source: Quicken...

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