Pam Marron Home Lending

We’re still in a housing crisis survey reveals

by Steve Randall, from Mortgage Professional America

A new study reveals that 81 per cent of Americans believe that the housing affordability crisis in on the rise. More than two-thirds of respondents in a national survey by the MacArthur Foundation say that it is more challenging to find affordable housing now than for previous generations.

Just 29 per cent believe that the housing crisis is over and 76 per cent say that it is important that their elected leaders in Washington take action to address the situation.

The majority (60 per cent) believe that owning a home is an excellent long-term investment.

One area that has recently been named the metro with the highest level of underwater homes is also far above the national average for concern over affordability and putting household budgets under extreme pressure.

June 20, 2016 by · Leave a Comment

About Pam

Since 1985 as a loan originator, highly experienced with automated loan approvals on DU, LP, and with USDA GUS systems, thorough knowledge and use of FHA loans including 203K rehab, conventional loans including USDA, Homepath and rehab, and VA loans. After 27 years, I STILL love this business!

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