News

“Despite the resurgence in tappable equity among U.S. mortgage holders, elevated interest rates are making homeowners reluctant to extract that wealth,” said Andy Walden ICE’s VP of Enterprise Research.

"Now that we're seeing the beginning of an affordability turnaround, home buyers are still looking for markets where they can capitalize on lower prices," says Realtor.com Chief Economist Danielle Hale.

According to Bank of America's latest Homebuyer Insights Report, the estimated number of prospective buyers willing to wait for prices and/or mortgage rates to fall before purchasing a home is down from a whopping 85% recorded in June.

David Aach of Blue Sage Solutions shares his outlook for the coming year, exploring how advances in the tech space will propel the marketplace in 2024 and beyond.

According to new data from Verisk, the cost of home repairs and remodeling in Q3 2023 jumped year-over-year, as the costs of materials used in home repairs continue to rise.

The Joint Center for Housing Studies has released Housing America’s Older Adults 2023 report, revealing that the older population is surging, presenting imminent challenges to supply housing and care for millions of Americans in the coming years.

In addition to high demand for single-family homes, apartments and rental units within driving distance of city centers are selling at a premium.

As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.

Through the month of October, the VA has housed more than 38,000 homeless veterans, reaching its goal two months early and prioritizing ending veteran homelessness as a top aim.

A new proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days' notice to cure lease violations for nonpayment of rent.