The Housing Choice Voucher homeownership program could help reduce the racial homeownership gap in the U.S., allowing households with a voucher to use it for mortgage payments rather than rent, advancing homeownership opportunities for Black non-Hispanic households.

According to RentCafe's June Rental Activity Report, the top four most popular cities for renters are located in the Midwest, while Kansas City, Missouri, was named the most sought-after city by renters nationwide.

"Lack of inventory remains the biggest challenge for homebuyers," said Nick Bailey, RE/MAX President and CEO. "With the vast majority of homeowners having a mortgage rate under 5%, we're not seeing as much move-up activity as usual."

The U.S. Department of Housing and Urban Development announced the pending publication of the Final Inspection Standards Notice, which will align and consolidate inspection requirements in assisted and insured housing.

Pending home sales are down nearly 20%, representing the biggest decline in over four months, but people are still showing interest in homebuying despite the total number of U.S. homes for sale declining 6% from last June.

Homeowners holding onto mortgage rates below 6% are fueling a nationwide shortage of new listings, as a new report from Redfin revealed more sellers are staying put due to increasing rates and high home prices.

A new LendingTree survey revealed how homebuyers who negotiate a lower APR could greatly impact how much they pay over the lifetime of their mortgage, with 39% of respondents saying they negotiated the initial APR or refinance rate on their most recent home purchase, while 63% report negotiating the purchase price.

The latest “Preparing to Sell” report from Curbio revealed that 43% of home sellers don't think they need to update their house before listing, but new data found that homebuyers want move-in-ready homes. Click through to read what else the study found.

According to Zillow's May 2023 Market Report, newly pending listings are up nearly 10% from April, as homebuying competition is driving home prices up and housing inventory down to record lows for this time of year.

The U.S. Department of Housing and Urban Development launched a new homeless initiative which will partner with local communities, service providers, and directly affected young people to address barriers to housing and shelter access for LGBTQI+ youth.