According to a new ATTOM report, homebuyers who close on this January date are offered the lowest premium above the automated valuation model. While still above market value, the average homebuyer is only paying a 3.8% premium, compared to the 14.4% premium recorded in May.
Read More »2024: Is Housing Affordability on the Rebound?
Cooling housing demand and an increase in rental home options are projected to keep home sales stable in the coming year, according to Realtor.com's 2024 Housing Forecast. As the market continues to moderate, here’s what experts predict for mortgage rates by the end of the year.
Read More »Ginnie Mae Revises Its Definition of High-Balance Loans
In order to more closely align with the FHFA’s hike in conforming loan limits for 2024, Ginnie Mae has revised its definition of High-Balance Loans for single-family forward mortgage loans nationwide.
Read More »Homes Have Experienced Price Gains Every Quarter Since 2012
The last time the average home experienced a loss in value occurred in 2011, according to a new report. And this year, Vermont topped the list over every other state, experiencing an 11.8% growth since last year.
Read More »Migration, Immigration Fueled Population Growth in Past Years
While the national population growth rate plummeted during the pandemic, the latest State of the Nation’s Housing report from the Joint Center for Housing Studies revealed migration and immigration were the key source of growth in 2022, as domestic migration was the largest source of growth in 56% of the counties analyzed.
Read More »How Much Space Can Renters Get for $1,700?
While apartment prices remain high in most major U.S. cities, renters can get generous amounts of space in others, according to a new RentCafe report. Learn which cities offer the most bang for your buck.
Read More »FHFA Increases Baseline Conforming Loan Limit by $40K+
Keeping pace with the rise in median housing prices nationwide year-over-year, the Housing and Economic Recovery Act requires the FHFA to adjust the GSEs’ baseline CLL value annually.
Read More »HUD Awards $25 Million to Seven Public Housing Agencies
HUD’s latest investment will boost access to housing vouchers for families by addressing barriers to equitable housing solutions in seven markets nationwide.
Read More »The American Dream Proves Resilient Despite Housing Market Challenges
Even considering rampant inflation and high mortgage rates, the idea of owning a home and achieving the American Dream remains a primary goal for large swaths of the population, according to a survey from Falls & Co.
Read More »Home Values Falling in Major U.S. Cities Amid Market Cooldowns
Single-family homeowners and condo owners are losing hundreds of dollars by the day, according to a new Point2 analysis. Learn which cities were hit the hardest in this latest study.
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