First American report reveals dynamic regional housing shifts

National consumer house-buying power fell 0.3% month-over-month but rose 6.8% year-over-year due to income and mortgage rate changes. Median household income increased 3.2% year-over-year, while unadjusted home prices remain 66.7% above the 2006 peak. Real house prices vary regionally, rising in northern states and falling in many Sun Belt and coastal areas. Loan officers use creative financing and targeted marketing to address local affordability challenges.