Overall housing inventory dropped 15% year-over-year in June, remaining at an all-time low. A new market report from Redfin revealed that homebuyers are turning to new builds as many homeowners continue clinging to their low existing mortgage rates, contributing to the ongoing lack of supply.

As the Fall semester nears, the latest National Student Housing Report from Yardi Matrix revealed student housing preleasing neared a record high in July, with rent growth significantly ahead of last year.

“Applications for purchase loans on newly constructed homes remained strong in July, up 36% annually, as new homes continued to account for a growing share of homes available for sale,” said Joel Kan, MBA’s VP and Deputy Chief Economist.

A new report from LendingTree reveals that Black homebuyers are still more likely to be denied a mortgage when compared to the overall population, with denial rates highest in popular metros like Miami, Detroit, and New Orleans.

With extensive product strategy and technology leadership experience in the real estate industry, Fortier will direct and continue to enhance the Paragon Connect system, which provides real estate agents on-the-go access to advanced agent-client collaborative features and business management tools.

The high-priced housing market is affecting homebuyer sentiment nationwide, as a new survey from LendingTree revealed more than 50% of Americans fear they will never be able to own a home.

The average American homeowner was able to purchase their first home at nearly 29 years old, according to a new survey from Shane Co.'s The Loupe. The survey revealed that the average homeowner rents for roughly five years before purchasing a home, while more than 25% of respondents believe it's now impossible to afford a home as a single person in the current housing market.

According to Black Knight's latest Mortgage Monitor report, purchase locks fell 7.4% from June, while mortgage rates topped 7% in July for the first time since last fall. Click through to see the latest findings.

A new report from Redfin revealed the typical U.S. home purchased in high-opportunity neighborhoods sold for an estimated $470,000 last year, nearly 40% more than the typical home in low-opportunity areas, as many of those neighborhoods continue to be gentrified, making them less affordable.

Appraisal valuation gaps may persist between white and minority population tracts, but new research from the FHFA has found a reduction in that gap following actions by stakeholders and federal, state, and local agencies.