As affordability struggles worsen for homeowners and buyers nationwide, for-sale inventory is now at its lowest level since April 2022, according to Black Knight's latest Mortgage Monitor Report for April.
Read More »Buyer’s Remorse? Survey Breaks Down Recent Homebuyer & Seller Sentiment
A majority of homebuyers polled in a recent survey reported post-purchase regrets, according to a new report from Clever Real Estate. Click through for a look at the sentiments and specifics from this survey.
Read More »Record Share of Homebuyers Looking to Switch Metros
Out-of-town moves among homebuyers have declined from a year ago because fewer people are moving, according to a new report from Redfin, as rising interest rates and high home prices continue to deter Americans nationwide.
Read More »The American Dream—for Rent
Inflated home prices and rising interest rates are making renting more appealing to many Americans nationwide, as the construction of new build-to-rent homes hit a record in 2022, according to a new report from RentCafe.
Read More »Examining Home Price Growth Gaps Across the U.S.
“The stark difference in home-price dynamics between the Bay Area and Miami may be a reflection of a long-term, pandemic-fueled shift in where people choose to live,” said Redfin Deputy Chief Economist Taylor Marr.
Read More »First-Quarter Median Home Values Decline in Opportunity Zones
In Q1 of 2023, typical home values in Opportunity Zones continued to fall below those in most other neighborhoods around the nation, according to ATTOM's new analysis.
Read More »Housing Payments Hit New High as Rates Surpass 7%
Monthly housing payments have reached a record-high of $2,614, as mortgage rates climbed to 7.12%, pricing out many homebuyers with tight budgets, according to Redfin.
Read More »Examining Gaps Between Mortgage Rates and 10-Year Treasury Yields
“It’s reasonable to assume that the spread and, therefore, mortgage rates will retreat in the second half of the year if the Fed takes its foot off the monetary tightening pedal and provides investors with more certainty," said Deputy Chief Economist Odeta Kushi, First American Financial Corporation.
Read More »Home Price Growth Reached 13-Year High in Spring 2022
While home prices rose nationwide in 2022, the frenzied pandemic-era housing market made price growth trends more local than they had been since 2009, according to a new report from Redfin.
Read More »USMI Appoints Christina Brown as VP and Senior Counsel
“We are thrilled to have Christina join our team and share her deep knowledge of the mortgage industry, the housing finance system, and the regulatory process to support our members as they enable access to affordable homeownership, while strengthening the safety and soundness of the housing finance system,” said Seth Appleton, President of USMI.
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