Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price ...
Read More »Fixer-Uppers Offer Path to Homeownership
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and ...
Read More »Credit Availability at Lowest Level Since 2013
“Credit availability fell last month to the lowest level since May 2013, as lenders streamlined their loan offerings in this declining volume environment,” said Joel Kan, MBA’s Associate VP of Economic and Industry Forecasting.
Read More »Maxine Waters Welcomes Comments on CRA
The Chairman of the House Financial Services Committee encourages federal regulators to carefully consider public comments and purposed changes to the Community Reinvestment Act in an open letter.
Read More »GSE Survey: Homebuyer Confidence Continues to Wane
A new survey from Fannie Mae finds that homebuying confidence has fallen for the majority of the year.
Read More »A Look Under the Hood of Housing Adequacy
The latest American Housing Survey conducted by the Census Bureau for the Department of Housing and Urban Development (HUD) has a disturbing statistic hidden among other larger findings—1 ...
Read More »On Race, Homeownership, and Wealth Inequality
Home ownership is the gold standard when it comes to safe investments, and for low-income residents it can be a reliable vehicle to build generational wealth. But in ...
Read More »Price Per Square Foot Hits $169
The average price per square foot of a home hit a new record in July as a new study revealed that these prices have increased 310% since 1980. According ...
Read More »Record-Breaking Home Price Growth Now; Return to Normal Next Year?
The latest Home Price Index (HPI) from CoreLogic covering June 2022 set a new milestone: it has now seen a record 125 consecutive months of year-over-year increases as ...
Read More »Home Price Growth Decelerates Sharply
The latest report from Black Knight did not carry good news as the company’s latest monthly Mortgage Monitor Report covering the month of June found that annual home ...
Read More »