• July 24, 2013

    The one million members of the National Association of REALTORS®
    oppose the “Protecting American Taxpayers and Homeowners Act” (PATH Act).
    The housing sector has a dramatic impact on our nation’s economy. Public policy
    reforms should promote responsible, sustainable home ownership and should not
    endanger the future of this critical economic sector. Unfortunately, NAR believes
    the PATH Act will jeopardize the ability of American families to purchase a home,
    as well as the future of the housing industry itself. We ask you to vote no.

  • July 18, 2013

    "The housing finance system needs reform. But reform’s success depends on striking the appropriate balance between the benefits of the private market and the backstop of the federal government. Finding the right balance will strengthen the housing market, stabilize the financial system, and lead to a healthier economy. The PATH as currently written does not find that balance."

  • May 22, 2013

    Priced Out is a biennial national rental housing study documenting the lack of affordable housing available to low-income people with disabilities.

  • May 21, 2013

    This publication will present not only original research from the Center’s portfolio of sponsored research projects, but also a variety of articles that look at subject areas from different perspectives, articles that represent the wide range of topics in the real estate industry, and a variety of interesting notes and tools of use to the practitioner and others with interest in the field of real estate.

  • May 16, 2013

    A special report released by Moody’s on May 10 finds that participating in Fannie Mae’s HFA Preferred Risk Sharing program could benefit HFAs’ credit by allowing them to offer a new product to borrowers and increase their presence in the affordable housing market. The report also warns that HFAs participating in the program may face increased costs due to unexpected early defaults and also from setting up the secondary financing infrastructure necessitated by the program, but says that HFAs should be able to mitigate these risks.

  • May 15, 2013

    The newest edition of the Center for Housing Policy (CHP)’s annual Housing Landscape report finds that severe housing cost burdens among working renter households have risen for the third consecutive year.

  • May 15, 2013

    The National Alliance to End Homelessness has published a series of reports chronicling changes in the levels of homelessness in the nation, individual states, and the District of Columbia, in an effort to chart the nation’s progress in ending homelessness. The most recent of these, The State of Homelessness in America series, not only examines changes in national- and state-level homelessness data, but also provides data on related economic and demographic trends.

  • May 10, 2013

    We explore the hypothesis that high home-ownership damages the labor market. Our results are relevant to, and may be worrying for, a range of policymakers and researchers. We fi nd that rises in the home-ownership rate in a US state are a precursor to eventual sharp rises in unemployment in that state. Th e elasticity exceeds unity: A doubling of the rate of home-ownership in a US state is followed in the long-run by more than a doubling of the later unemployment rate. What mechanism might explain this? We show that rises in home-ownership lead to three problems: (i) lower levels of labor mobility, (ii) greater commuting times, and (iii) fewer new businesses. Our argument is not that owners themselves are disproportionately unemployed. Th e evidence suggests, instead, that the housing market can produce negative ‘externalities’ upon the labor market. Th e time lags are long. Th at gradualness may explain why these important patterns are so little-known.

  • May 07, 2013

    On May 3, Moody’s released the sixth edition of its Public Finance Housing Rating Methodology and Research Handbook. This handbook provides a description of what factors Moody’s considers when determining ratings for state HFA and other public financing housing programs. Moody’s notes that this is the first time this handbook has been published only in electronic form, which Moody’s hopes will allow it to be updated more regularly.