While Beyoncé's smash hit "Single Ladies" highlighted the importance of women's independence, a new LendingTree study revealed that, although they make less in earnings, single women now own more homes than single men throughout the U.S.
Read More »Lenders Cannot Afford to Ignore Affordable Lending
Courtney Hess of Mortgage Cadence explains the changing face of the average American homebuyer, and how expanding product offerings can keep pace with this evolving market.
Read More »Industry Mourns David H. Stevens, Former FHA Commissioner
The Mortgage Bankers Association (MBA) has announced the unexpected passing of former President and CEO David H. Stevens, CMB. Bob Broeksmit, MBA sitting President and CEO said the industry veteran "is remembered as a great mentor, boss, and friend."
Read More »Rising Rates Slowed Q4 Home Price Growth
"In the current supply-constrained housing market, any changes to the fundamentals of affordability are going to affect demand, and we saw this in the fourth quarter with interest rates peaking near 8% and helping further slow home price growth," said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Where Can the Average American Afford a Studio Apartment?
A new Joybird study revealed the top U.S. cities where and for how much renters can find a studio apartment to call home.
Read More »Empty-Nest Baby Boomers Own the Largest Share of Big Homes
While millennials outpace baby boomers in population, the older generation owns a bigger share of large homes throughout the U.S., according to a new Redfin report. Here are the factors keeping empty nesters in those larger homes—and those homes off the market.
Read More »‘Hot’ Rental Markets to Watch in 2024
As rental activity remains steady across the U.S., the Midwest was ranked the most popular region for renting this year, according to a new RentCafe report, revealing the hottest markets to keep an eye out for in 2024.
Read More »Mid-Atlantic Region Continues to Find New Highs
Home prices rose strongly in November as higher rates during the month had no effect on market activity throughout the mid-Atlantic.
Read More »Life Happens: Homeowners Finally Letting Go of Ultra-Low Rates
“I’m working with a lot of homeowners who are selling because of things like divorces, new jobs, or deaths in the family,” said David Palmer, a Redfin Premier real estate agent in Seattle.
Read More »Price Increases Complicating the Homebuying Process
While the average U.S. state experienced more than a 3% increase in home prices last year, a new study from the New Jersey Real Estate Network revealed the states where prices rose the highest in 2023 and how it affected prospective homebuyers.
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