“While continued mortgage rate increases challenge affordability across U.S. housing markets, home price growth is in line with typical seasonal averages, reflecting strong demand bolstered by a healthy labor market, strong wage growth and supporting demographic trends,” said Selma Hepp, Chief Economist for CoreLogic.
Read More »What Challenges Lie Ahead for U.S. Real Estate Firms
A new report from NAR surveyed how real estate agents operate and assessed what lies ahead in the future. Click through to examine the findings of this study.
Read More »Purchase Mortgage Apps Fall to 28-Year Low
A recent upward trend in Treasury yields has pushed mortgage rates above the 7.5% mark, further complicating the road to affordability for many as mortgage apps have dropped 6% week-over-week.
Read More »Hot, Hot, Hot! The Most Expensive Listings in Every State
Millions of dollars can purchase extraordinary, one-in-a-million homes. Click through to find out where the most expensive homes are located, as analyzed by Point2.
Read More »What’s Up With the Number of Home Purchases That are Falling Through?
Sixty thousand home purchases fell through in August, a recent high, for reasons ranging from inflation to mortgage interest rates and evaporating work-from-home opportunities. Click through to dive into the data behind this trend.
Read More »Single-Family Rent Growth Drops to Near Three-Year Low in July
CoreLogic's latest Single-Family Rent Index revealed single-family rent growth continued to moderate year-over-year in July, falling to 3.1%, representing the 15th consecutive month of deceleration.
Read More »HUD Issues More Than $30M to Fight Housing Discrimination
The Department has announced more than $30 million in grants that will support fair housing education, outreach, testing, and enforcement activities.
Read More »Baby Boomers, Millennials Lead the Nation in Solo Renting
A new study from RentCafe revealed renting alone has become an increasingly popular trend, with baby boomers making up the largest population of renters living alone in the U.S. followed by millennials, as the number of solo renters reached a record high of 17.7 million in 2020 and continues to grow.
Read More »Mortgage Banks: Don’t Overlook Value in Low-Dollar Loans
“In recent years, housing inventory constraints and home-price appreciation have resulted in rising average loan balances for single-family homeownership. Yet, financing lower balance loans is an essential way for the mortgage industry to facilitate access to affordable, lower-valued homes,” said MBA’s VP of Industry Analysis Marina Walsh, CMB.
Read More »August Home Prices Appreciated at a Rate That Beat 25-Year Averages
"After essentially flattening earlier this year, year-over-year home price growth has been reaccelerating for the last few months," said Andy Walden, ICE VP of Enterprise Research.
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