President-elect Donald Trump promised to begin deporting millions of undocumented immigrants on Inauguration Day. Here’s how his plan could disrupt housing starts and reduce affordability.
Category: New home construction
Tale of 2 housing markets will linger into 2024, Zonda economist warns
With listings still in short supply, homebuyers are “dealing with an affordability shock” and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY.
Economy’s strength could keep a damper on existing-home sales
Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists said.