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Even in states like Texas, the high cost of materials threatens housing affordability

Even in states like Texas, the high cost of materials threatens housing affordability

by Alexandra White | May 22, 2021 | Housing

Eddie Franz has been in the homebuilding industry in Houston, Texas, since 1972. He weathered the financial crisis in the ‘80s and survived the 2008  recession, but the challenges he faces now are unlike anything he has ever seen before. “The sheet of plywood that we...
Five things to watch in February Case-Shiller Report

Five things to watch in February Case-Shiller Report

by Alexandra White | Apr 26, 2021 | Housing

Home prices likely continued to increase in February because of low interest rates and tight housing inventory. Some economists estimate that tomorrow’s release of the S&P CoreLogic Case-Shiller U.S. National Home Price Index will likely show that home prices rose...
January home prices hit a record high, not seen in 15 years

January home prices hit a record high, not seen in 15 years

by Alexandra White | Apr 12, 2021 | Featured, Housing

Home prices continued to increase in January, indicating the pandemic housing boom continued into the new year because of the shrinking inventory of homes for sale and low mortgage rates.   Nationally, home prices in January rose 11.2% from a year earlier, the highest...
Stringent credit guidelines can cause obstacles for Black homebuyers

Stringent credit guidelines can cause obstacles for Black homebuyers

by Alexandra White | Apr 12, 2021 | Housing

April Rice had always dreamed of becoming a homeowner. Recently promoted to analyst at a brokerage firm, Rice, 33, decided to start the process in November 2019. She contacted a mortgage broker, without a doubt that her $60,000 annual salary and 713 credit score would...
Home Prices Continued to Soar in December

Home Prices Continued to Soar in December

by Alexandra White | Feb 25, 2021 | Featured, Housing

Home prices continued to increase in December, signaling a high demand for single-family homes because of low mortgage rates and a shrinking supply of homes for sale.   Nationally, home prices in December rose 10.4% from a year earlier, according to the S&P...

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About Us

Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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