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Blog

Concentration in Homebuilding Driven by a Few Large Builders

Gopal Ahluwalia, Kermit Baker, Kent Colton • April 19, 2022

The 100 largest home builders in the US now account for about half of all new single-family home sales, up from just over a third two decades ago. However, according to “…
Blog

The Return of Substandard Housing

Kermit Baker • February 27, 2013

The magnitude of the housing bust that began in the middle of the past decade is well documented, with a 75 percent plunge in housing starts, 45 percent decline in existing…
Working Papers

Performance of Low-Income and Minority Mortgages

Robert Van Order, Peter Zorn • October 10, 2001

This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…