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Economic inequality

real estate news
National / Real Estate

Monthly Mortgage Costs Are Up 66.1% Over the Past Year

December 20, 2022December 19, 2022 - by MyChesCo

After months of watching the cost of a new mortgage rise higher and higher, home buyers finally saw some relief in November. A combination of declining home values and lower …

Monthly Mortgage Costs Are Up 66.1% Over the Past Year Read More

Wichita, Kansas
National / Real Estate

Wichita, Kansas: Top Market for First-Time Home Buyers

December 12, 2022December 11, 2022 - by MyChesCo

As the share of buyers purchasing a home for the first time rebounds to pre-pandemic levels amid a changing market, a new Zillow analysis rates Wichita, Kansas, as the top area in America for potential first-time home …

Wichita, Kansas: Top Market for First-Time Home Buyers Read More
2023 Top Housing Markets
National / Real Estate

2023 Top Housing Markets: Get Ahead of the Affordability Crunch

December 11, 2022December 11, 2022 - by MyChesCo

With affordability on home buyers’ minds as interest rates continue to increase and outsized price tags have become the pandemic-born norm, Realtor.com® offers hope – and helpful information – for buyers …

2023 Top Housing Markets: Get Ahead of the Affordability Crunch Read More

real estate news
National / Real Estate

Real Estate Forecast: Home Prices Not Coming Down in 2023

December 5, 2022December 4, 2022 - by MyChesCo

Amid higher mortgage rates and budgets squeezed by inflation, homebuyers looking for affordability in 2023 will find that prices aren’t coming down, according to the Realtor.com® 2023 Housing Forecast. Instead, with …

Real Estate Forecast: Home Prices Not Coming Down in 2023 Read More
home buying
Real Estate

Mortgage Rates Settle Housing Market Into Balanced State

November 25, 2022November 21, 2022 - by MyChesCo

Buyers and sellers are both stepping away as skyrocketing mortgage rates have settled the housing market into a more balanced state, according to the latest Zillow® market report1. Home values remained …

Mortgage Rates Settle Housing Market Into Balanced State Read More

US Department of Housing and Urban Development (HUD)
National / Social Issues

HUD Announces New COVID-19 Supplemental Payment Funding

November 4, 2022November 3, 2022 - by MyChesCo

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs this week announced that it is opening a new application period for COVID-19 Supplemental Payment (CSP) funding.

HUD Announces New COVID-19 Supplemental Payment Funding Read More
real estate news
Real Estate

Housing Affordability at Its Worst in Years

October 25, 2022October 31, 2022 - by MyChesCo

Housing affordability is the worst it has been in several years, and many buyers are pulling back, hoping relief is around the corner. A new analysis by Zillow® shows home values …

Housing Affordability at Its Worst in Years Read More

Real Estate Sales
Real Estate

Housing Market Cools Considerably Across the US

October 24, 2022October 24, 2022 - by MyChesCo

The housing market continued to cool in September, though rebalancing from monumental appreciation is producing vastly different conditions depending on region and metro, according to Zillow®’s latest market report1. Affordability …

Housing Market Cools Considerably Across the US Read More
Mortgage
National / Real Estate

Home Values Continue to Slide: Affordability Drives Market Momentum

September 26, 2022September 26, 2022 - by MyChesCo

Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow®’s latest market report1. Affordability is driving market momentum: Low-cost markets remain competitive while …

Home Values Continue to Slide: Affordability Drives Market Momentum Read More
affordable housing
Government / Social Issues

Chester County Awards $3.4 Million in Support of Two Affordable Housing Developments

July 15, 2022July 15, 2022 - by Maryann Pugh

WEST CHESTER, PA — In a continued effort to provide affordable housing options for families and seniors in Chester County, the Commissioners this week awarded $3.4 million towards two separate …

Chester County Awards $3.4 Million in Support of Two Affordable Housing Developments Read More

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