“Prices falling from a year ago is a milestone because it hasn’t happened since the housing market was recovering from the 2008 subprime mortgage crisis. But it’s not surprising and in many ways, it’s welcome,” said Redfin Deputy Chief Economist Taylor Marr.
Read More »Price Declines Centering on Large Cities, Coastal Areas
"With the U.S. housing market cooling off considerably since the middle of last year, some areas of the country continue to show signs of being more at risk of a larger downturn than others,” said Rob Barber, CEO at ATTOM.
Read More »New Home Builds Still Lag Behind Pre-Great Recession Numbers
"It seems straightforward: We need to build more homes," said Dr. Skylar Olsen, Zillow's Chief Economist.
Read More »Commentary: Getting the Most From Mortgage Tech
“Here is an uncomfortable truth: the lender and the vendor both share responsibility for making technology deliver,” said STRATMOR Group’s Senior Advisor Sue Woodard, breaking down the findings of new research by the group.
Read More »Rate Volatility Keeping Housing Market on Uncertain Terms
“While 2023 kicked off on a more optimistic note for the U.S. housing market, recent mortgage rate volatility highlights how much uncertainty remains,” said Selma Hepp, Chief Economist at CoreLogic.
Read More »Where to Move to Stretch Your Dollar
United Region Van Lines has released a new study of the most viable places to make your budget go a bit further.
Read More »Home Affordability Finds New Low
Just 21% of homes qualified as affordable to the average American as low inventory and rising interest rates are keeping people put.
Read More »Inventory Makes Record YoY Recovery
"The number of homes for sale on the market is up significantly from a year ago, even though fewer homeowners have listed their home for sale in recent months,” said Danielle Hale, Chief Economist for Realtor.com.
Read More »Low Inventory Contributes to How Often Homes Change Owners
The rate at which homes change hands is down from its 2020 peak but has overall doubled in the last few decades due to insufficient housing.
Read More »Equifax Endorses Expanded Mortgage Credit Reports
The inclusion of telecommunications, TV, and utilities in expanded credit reports could open the dream of homeownership for millions of people.
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