In a previous post, we examined the impact of mortgage rates and house prices on the number of renters qualified to buy to show that lower mortgage rates, rising incomes and changes in house prices have affected the number of renters who could … [Read more...]
Nearly 10M more renter households had income to qualify to buy home in 2012 vs. 2005
Many factors have increased the number of renter households qualified to purchase a home in 2012 versus 2000 and 2005: 1) incomes have increased, 2) population has grown, 3) mortgage rates are lower, and 4) prices have fallen since … [Read more...]
