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Daily Dose

HUD Grants Nearly $84M to Combat Youth Homelessness

The grants to support innovative housing programs in multiple communities nationwide will help in targeting federal resources to meet and support local needs and community-driven efforts to end youth homelessness, improving the process and outcome through more stable housing and services.

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Dispelling the Myths of DIY Valuations

Todd Rasmussen, President and COO of Equity Valuation Partners, discusses how lenders and financial institutions can sometimes perform their own valuations of home loans on their books.

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Purchase Mortgage Apps Fall 42% YoY

As mortgage rates rose for the 10th straight week, hitting a 21-year high, housing demand continues to tail off, with the MBA reporting overall app volume falling nearly 2% week-over-week.

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Home Prices Continue to Decelerate Nationwide

The S&P CoreLogic Case-Shiller National Home Price NSA Index for August 2022 reported home price gains continued to slip, as inflation hit a four-decade high, resulting in less money in the pockets of Americans and diminished budgets.

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Banner Year for Student Housing

While rent growth begins to decelerate, the latest study from Yardi Matrix found that many universities nationwide are experiencing exceptional growth, as nearly 200 universities with four or more properties analyzed recorded double-digit annual rent growth as of September.

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