According to a new CoreLogic report, year-over-year single-family home price appreciation declined to nearly 7% in the final month of 2022, marking the lowest rate recorded since the late summer of 2020.
Read More »Communities of Color Experiencing Renter Financial Stress
According to a new study from the Joint Center for Housing Studies, many renters living in high-poverty, lower-income, and lower-rent neighborhoods are more likely to experience financial distress, as data revealed some 61% of households behind on their rent live in communities of color.
Read More »Appraisal Bias: By the Numbers
Addressing the issue of appraisal bias is critical, and Jeffrey Hogan of Veros explains what can be done to identify and prevent this problem.
Read More »Andrew Hubacker Named UWM’s CFO
UWM promotes 25-plus-year experienced accounting/finance professional to CFO role after time spent at AOL and the SEC.
Read More »List-to-Sale-Price Ratio Returns to Pre-Pandemic Levels
Currently standing at 96.8%, the number of homes listed versus those for sale was the lowest reported since Q1 of 2019.
Read More »Examining 2022 Migration Trends
More Americans moved in 2022 than in any year since 2012, according to a new study from HireAHelper, as an estimated 27.3 million people migrated throughout the U.S last year.
Read More »Minimum Wage Earners Face the Affordability Hammer
A new study from Zillow has found that workers making minimum wage need three roommates or four jobs to afford the average two-bedroom rental.
Read More »Borrowers Utilizing Rate Buydowns Trends Upward
According to new data from Optimal Blue, rate lock data showed moderate signs of an early-January rebound in purchase locks, while refis remain constrained despite a full percentage point rate decline since its October 2022 peak.
Read More »The Week Ahead: Senate Examines the Housing Space
An upcoming Senate Banking Committee hearing will examine the nation’s housing space, as rates continue to drop and buyers are re-entering the fray.
Read More »San Francisco Homebuyers Paying Less Per Year
As monthly housing payments fall from their peak due to declining mortgage rates and home prices, the median monthly housing payment for San Francisco homebuyers dropped nearly 15%, renewing homebuyer interest in the area.
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