A recent House Financial Services Committee hearing featured testimony from a number of housing experts who weighed in on the topic housing supply shortfalls and offered possible solutions.
Read More »Record Amount of Sellers Delisting Homes
Redfin is reporting that a record number of sellers are taking their properties off the market. Click through to find out how many sellers are taking this route.
Read More »Affordability will be Driving Housing Market Force in 2023
"Affordability is going to be the biggest factor in housing for 2023, but there's room for optimism on that front if mortgage rates recede," said Zillow Chief Economist Skylar Olsen.
Read More »FHFA Details Q3 Home Price Increases
“House prices were flat for the third quarter but continued to remain above levels from a year ago,” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics.
Read More »Mortgage Rates Fall for Third Consecutive Week
Riding the hopes that the Federal Reserve will slow its pace of rate hikes, Freddie Mac reported that the 30-year, fixed-rate mortgage fell yet again, as house prices soften with 2022 coming to a close.
Read More »Report Examines Barriers Standing in the Way of Black Homeownership
“It is the sacred duty of community leaders, policy makers, and financial industry specialists to lift communities so that all children can thrive and grow up with opportunities for good health, wealth, and happiness in their lives,” said NAREB President Lydia Pope.
Read More »Experts: Homebuying Costs Won’t Come Down in 2023
According to Realtor.com's 2023 Housing Forecast, homebuyers won't find increased affordability in the coming year, as home prices aren't projected to decline nationwide amid the volatile market and rising mortgage rates.
Read More »October Pending Home Sales Fall 4.6% From September
NAR reports that month-over-month, contract signings fell in three of four major U.S. regions, with only the Midwest showing signs of improvement.
Read More »Study Finds Borrowers Favor Appraisal Experience Over Cost
According to the latest study from Regorra, data found that significantly more borrowers prioritize quick, quality reports over the cost of the appraisal.
Read More »Homeowners Seek New Cities for Affordable Housing
The Sunbelt is attracting more homebuyers as they seek out affordable housing options, according to a report.
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