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Daily Dose

Existing-Home Sales Emerge Triumphant

Existing-homes sales have been up against unfavorable odds including inventory shortages, soaring home price appreciation, and stagnant household income growth. However, they defied those odds and came out on top for the second consecutive month.

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Built-for-Rent Homes Regaining Market Share

The percentage of single-family homes built for the express purpose of renting them out is down from its peak reached in early 2013, but has been trending upward for the last four quarters. What has been driving the increase?

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Lender Under Fire for FHA Mortgage Practices

Guild Mortgage faces federal charges of improper origination and underwriting practices on its FHA-backed loans. The suit was filed by the U.S. District Court for the District of Columbia and announced by HUD and Urban Development this morning.

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