In a new report, the National Association of Realtors revealed what a government shutdown would mean for the real estate industry, including the closing of some federal housing, mortgage, and other programs nationwide.
Read More »Nearly 7 in 10 Americans Feel Cost of Living Outpacing Worker Salaries
A new BofA study revealed that American employees continue to feel stressed about their finances and remain concerned about the increasing cost of living, with an estimated 67% of American employees reporting that the cost of living is outpacing growth in their salary or wages.
Read More »Total Housing Market Values Up Nearly 50% From Pre-Pandemic Levels
A new Zillow study revealed that total U.S. housing value has surged more than $2.6 trillion over the past year, an estimated 49% higher than before the pandemic, with new home construction continuing as the primary driver of housing market growth.
Read More »Americans Struggling with Homebuyer’s Remorse, Housing Costs
A new All Star Home study revealed that 1 in 5 homeowners regret relocating, citing unexpected home costs as their top reason, while more than 20% of Americans said they regret how much they paid for their home.
Read More »Housing Affordability Reaches Lowest Point in Over Three Decades
According to the First American Real House Price Index, housing affordability dropped to its lowest point in more than three decades, with home prices jumping 2% from June.
Read More »Americans Are Growing Less Confident They Can Afford a Home
According to MeridianLink’s latest Nationwide Mortgage Lending Survey, more than 30% of Americans are less confident in their ability to afford a home compared to five years ago. In addition, 55% expect mortgage rates to continue rising through the remainder of 2023.
Read More »Renting Remains More Affordable Than Buying in Most Large U.S. Metros
According to Realtor.com's August 2023 Rental Report, buying a starter home in the top 50 metros cost approximately 60.3% more than renting, while median U.S. rents experienced their fourth consecutive month of year-over-year declines.
Read More »Some Homeowners Feel Negatively About Building More Housing Near Them
A recent Redfin survey revealed nearly 80% of respondents support promoting building more housing, while 20% of them remain opposed to building an apartment complex in their neighborhood.
Read More »Single-Family Rental Roundtable Explores the State of SFR Markets
Five Star’s annual Single-Family Rental & Investment Roundtable on Tuesday united investors, service providers, and experts to discuss how volatile factors such as inflation, escalating interest rates, and affordability concerns impact the ongoing growth and investment opportunities within the single-family rental market.
Read More »Lending Forum Spotlights the Challenging Path to Homeownership
The Five Star Lending Forum hosted a keynote from Freedom Mortgage CEO Stanley Middleman, as well as an in-depth panel discussion with representatives of Churchill Mortgage Corporation, Fannie Mae, Freddie Mac, Guild Mortgage, Chase, and Xome about how the industry can support the American Dream of homeownership.
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