Data

A new report sheds positive light on housing, as home prices increased annually in 29 of the 35 largest metros studied.

One economist noted that housing is “ helping the economy in recovering” from the recession with residential construction rebounding.

Just three states reported volumes of more than 10% below last year’s numbers. Click through to read more.

The new mortgagee letter recognizes borrowers impacted by COVID-19 that met all requirements set forth by the Administration before the pandemic.

Forecasts show signs of recovery in April with strengthening possible in May. Home prices, however, hit a new all-time high.

However, the time to close on all loans rose due to increased volumes for lenders.

While the homeownership gap between people of color and white people often worsens amid a recession, the pandemic has brought new challenges.

Click through to read about the number of potential buyers who would purchase a home without stepping foot in it.

One analyst said “pent-up demand” is leading homebuyers back into the market. Click through to lead more.

The spread of COVID-19 within high-density markets could lead to rising residential construction in rural areas.