Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in ...
Read More »Housing Inventory: One Step Forward, Two Steps Back
The first numbers from June are in, and Realtor.com found inventory to be up over 18% since May but still down year-over-year.
Read More »Trend to Watch: PropTech
At the crossroads of FinTech and real estate, PropTech aims to increase efficiency and save originators money.
Read More »Addressing Homelessness at the Real Estate Level
Per a new Urban Institute report, local governments and organizations, both public and private, should consider homelessness as a systemic issue, which can be solved with a multi-layered approach.
Read More »Affordability in Question as Mortgages Get More Expensive
Another shocking record high has been reported by Zillow’s May 2022 Market Report as mortgage payments are now higher than rent in 40 of the 50 largest metropolitan areas. ...
Read More »Equitable Opportunities, the GSEs, and Gauging Success
Don Layton, former CEO of Freddie Mac and current Senior Industry Pellow at the Joint Center for Housing Studies, lays out four benchmarks against which to grade the GSEs as their plans are implemented.
Read More »Median Home Payments Feeling Impact of Economic Forces
“The ongoing affordability hit of higher home prices and fast-rising mortgage rates led to a slowdown in purchase applications in May,” said Edward Seiler, the MBA's Associate VP.
Read More »Will 2022 Break as Many Housing Records as 2021?
The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.
Read More »Sign of the Times: Buying a Home Sight-Unseen
More homeseekers are buying their homes sight-unseen, with current market conditions leaving buyers with few other options.
Read More »Average New Home Size Drops to 2,480-Square Feet
The size of the average American starter home has been consistently decreasing, falling to just under approximately 2,500-square feet.
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