Migration

Fannie Mae announced the unveiling of HomeView en Español, a new resource available to help Latino communities and further address the homeownership gap in America.

According to a new LendingTree study, the nation’s most expensive towns are often found in popular vacation spots; however, such homebuyers may further deplete the already limited housing supply, driving up home prices and making housing difficult to afford for locals.

In a new report, the National Association of Realtors revealed what a government shutdown would mean for the real estate industry, including the closing of some federal housing, mortgage, and other programs nationwide.

Month-over-month, HUD and the Census Bureau reported an 8.7% drop-off in new home sales in August, with sales impeded by mortgage rates over the 7% mark.

A new BofA study revealed that American employees continue to feel stressed about their finances and remain concerned about the increasing cost of living, with an estimated 67% of American employees reporting that the cost of living is outpacing growth in their salary or wages.

A new Zillow study revealed that total U.S. housing value has surged more than $2.6 trillion over the past year, an estimated 49% higher than before the pandemic, with new home construction continuing as the primary driver of housing market growth.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index trended upward in July, with 19 of the 20 major U.S. metro markets reported month-over-month price increases.

A new All Star Home study revealed that 1 in 5 homeowners regret relocating, citing unexpected home costs as their top reason, while more than 20% of Americans said they regret how much they paid for their home.

According to the First American Real House Price Index, housing affordability dropped to its lowest point in more than three decades, with home prices jumping 2% from June.

According to MeridianLink’s latest Nationwide Mortgage Lending Survey, more than 30% of Americans are less confident in their ability to afford a home compared to five years ago. In addition, 55% expect mortgage rates to continue rising through the remainder of 2023.