Releasing the second-quarter results of its VeroFORECAST, Veros Real Estate Solutions, an enterprise risk management and collateral valuation service company, predicts that home prices will appreciate on average 4.5% ...
Read More »Number of Cost-Burdened Households Increased During Pandemic
Using newly released data from the Census Bureau, a new blog post outlines how affordability declined during the pandemic, increasing the number of households that are “cost-burdened”—those that pay more than 30% of their income on housing.
Read More »Mortgage Defect Rates, Under the Microscope
“With 1.3 million loans still in active forbearance along with the renewed focus on servicing from the CFPB and other regulators, servicers and lenders alike must be diligent in their compliance practices,” said Nick Volpe, ACES EVP.
Read More »Cause and Effect: Baby Boomer Lifespans and Home Inventories
As older generations of homeowners age out of their homes at higher-than-normal rates over the next decade, it could free up 4 million units of inventory. But will that be enough to offset factors keeping homeownership out of reach for many?
Read More »Home Prices Back Away From All-Time High
Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in ...
Read More »Housing Inventory: One Step Forward, Two Steps Back
The first numbers from June are in, and Realtor.com found inventory to be up over 18% since May but still down year-over-year.
Read More »Trend to Watch: PropTech
At the crossroads of FinTech and real estate, PropTech aims to increase efficiency and save originators money.
Read More »Addressing Homelessness at the Real Estate Level
Per a new Urban Institute report, local governments and organizations, both public and private, should consider homelessness as a systemic issue, which can be solved with a multi-layered approach.
Read More »Affordability in Question as Mortgages Get More Expensive
Another shocking record high has been reported by Zillow’s May 2022 Market Report as mortgage payments are now higher than rent in 40 of the 50 largest metropolitan areas. ...
Read More »Equitable Opportunities, the GSEs, and Gauging Success
Don Layton, former CEO of Freddie Mac and current Senior Industry Pellow at the Joint Center for Housing Studies, lays out four benchmarks against which to grade the GSEs as their plans are implemented.
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