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Stock impact report

Arch MI’s New Housing and Mortgage Market Review Features Special Report on Millennials and Ranks the 25 Best Markets for Affordability and Job Growth

Arch Capital Group Ltd. (ACGL) 
Last arch capital group ltd. earnings: 2/11 04:31 pm Check Earnings Report
Company Research Source: Business Wire
With Homebuying Costs Up Sharply, Arch MI’s Fall 2018 Report Identifies Challenges and Opportunities for Millennials GREENSBORO, N.C.--(BUSINESS WIRE)-- Millennials, a key driver of the housing market, are the focus of a special edition of The Housing and Mortgage Market Review (HaMMR) released today by Arch Mortgage Insurance Company (“Arch MI”). With Millennial home ownership on the rise, the report ranks 25 affordable cities with solid growth, examines how the age distribution points to increased housing demand over the next decade and lists key facts these homebuyers need to know. The report also concludes that, because the supply of homes trails the demand by as much as 2 million units, prices are likely to continue rising. “It’s important for potential buyers to understand that many markets remain reasonably affordable by historic norms, but this may not last much longer since Show less Read more
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