NPHS builds stronger communities by creating innovative housing and economic solutions to advance the well-being of people & vitality of neighborhoods
Rancho Cucamonga, CA
Joined April 2009
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Neighborhood Partnership Housing Services, Inc. retweeted
Use the interactive map to view median home prices and monthly mortgage payments down to the county level for Q1 2023: spr.ly/6014PKa56
Neighborhood Partnership Housing Services, Inc. retweeted
Total existing-home sales rose 0.2% month over month in May, the National Association of REALTORS® reported Thursday. Still, sales are down 20.4% from a year ago as low inventory restricts market activity. spr.ly/6011P6fbd #NAREHS
Neighborhood Partnership Housing Services, Inc. retweeted
May 2023 brought 4.30 million in sales, a median sales price of $396,100, and 3.0 months of inventory. spr.ly/6014OC22Y #NAREHS
Neighborhood Partnership Housing Services, Inc. retweeted
The country has just a 2.6-month supply of inventory, according to NAR data, which is far short of the 5 to 6 months needed for a balanced market. spr.ly/6014O9uHj
Neighborhood Partnership Housing Services, Inc. retweeted
First-time buyers typically spent 39.5% of their family income on mortgage payments, up from 37.8% in the previous quarter. A mortgage is considered unaffordable if the monthly payment (principal and interest) amounts to more than 25% of the family’s income. #NARQuarterly
Neighborhood Partnership Housing Services, Inc. retweeted
Study found large landlords filed evictions 186% more often than small landlords & medium landlords filed 55% more often. urbn.is/3YcMn1Z
Neighborhood Partnership Housing Services, Inc. retweeted
This Thursday, January 12 @ 1pm ET: @TernerHousing, @leagueofcities host a housing supply symposium to showcase how emergent private sector programs and nonprofit programs and projects can help revitalize neighborhoods, communities, and cities.
Register:
jchs.harvard.edu/calendar/20…
Neighborhood Partnership Housing Services, Inc. retweeted
A Comprehensive Housing Market Analysis report is now available for the Riverside-San Bernardino-Ontario, California housing market area. Read the report on #HUDUser: bit.ly/3WTkhZd #HousingMarket #California
Neighborhood Partnership Housing Services, Inc. retweeted
From a year ago, all of the four regions had double-digit declines in sales in August. The West had the most significant dip of 29.0%, followed by the South, which fell 19.3%. The Midwest decreased 15.9%, followed by the Northeast, which was down 13.7%. ow.ly/HSFE50KQi28
Neighborhood Partnership Housing Services, Inc. retweeted
August 2022 brought 4.80 million in sales, a median sales price of $389,500, and 3.2 months of inventory. #NAREHS ow.ly/7q2R50KT5ZL
Neighborhood Partnership Housing Services, Inc. retweeted
Instant Reaction: Mortgage Rates, September 22, 2022. ow.ly/Yg7A50KQAA8
Neighborhood Partnership Housing Services, Inc. retweeted
More people today report struggling to find affordable homes to rent or purchase. And more report experiencing serious problems with their housing that puts their health at risk.
@RWJF’s latest reinforces the connections among health, race, and place. rwjf.ws/3JtHhs7
Neighborhood Partnership Housing Services, Inc. retweeted
"mortgage rates will likely resume their upward trek in the following weeks. Stay tuned."
Neighborhood Partnership Housing Services, Inc. retweeted
"The bond market indicates that mortgage rates may drop further this week, remaining below 6%."
Neighborhood Partnership Housing Services, Inc. retweeted
Instant Reaction: Mortgage rates. July 7, 2022.
Neighborhood Partnership Housing Services, Inc. retweeted
“Despite the small gain in pending sales from the prior month, the housing market is clearly undergoing a transition,” said NAR Chief Economist Lawrence Yun. “Contract signings are down sizably from a year ago because of much higher mortgage rates.” #NARPHS
Neighborhood Partnership Housing Services, Inc. retweeted
Unfortunately, the eviction of the Echo Park Lake encampment in LA is not unique. It is notable in its coordinated mobilization of public resources, from policing to homeless management services, for the purposes of displacing residents. urbn.is/3NgG3Br #homelessness
Neighborhood Partnership Housing Services, Inc. retweeted
This early June, NPHS recognizes NeighborWorks Week and its celebration to the successes of communities and how @neighborworks America, NeighborWorks
network organizations and residents work together to empower our communities for success. #NWWeek
Neighborhood Partnership Housing Services, Inc. retweeted
Total housing inventory at the end of April amounted to 1,030,000 units, up 10.8% from March and down 10.4% from one year ago (1.15 million). Unsold inventory sits at a 2.2-month supply at the current sales pace. #NAREHS
Neighborhood Partnership Housing Services, Inc. retweeted
First-time buyers were responsible for 28% of sales in April; Individual investors purchased 17% of homes; All-cash sales accounted for 26% of transactions; Distressed sales represented less than 1% of sales; Properties typically remained on the market for 17 days. #NAREHS