The latest American Housing Survey conducted by the Census Bureau for the Department of Housing and Urban Development (HUD) has a disturbing statistic hidden among other larger findings—1 ...
Read More »HUD Unveils Economic Justice Agenda to Assist Low-Income Renters
The U.S. Department of Housing and Urban Development (HUD) today released an agenda for economic justice that describes actions the department will take to help low-income renters build ...
Read More »The Week Ahead: Plotting Equitable Pathways to Homeownership
From government hearings to ideas presented by industry experts, many these days in the age of affordability concerns, are weighing in on the topic of affordable housing. On ...
Read More »On Race, Homeownership, and Wealth Inequality
Home ownership is the gold standard when it comes to safe investments, and for low-income residents it can be a reliable vehicle to build generational wealth. But in ...
Read More »Homeowner Equity Surges in Q2
ATTOM has released its Q2 2022 U.S. Home Equity & Underwater Report, which shows that 48.1% of mortgaged residential properties in the U.S. were considered equity-rich in Q2, ...
Read More »Mortgage Rates Fall to Four-Month Low
A market reset may be underway, as fixed-rate mortgages fell just below 5% for the first time since April 7, continuing a trend of instability amid inflationary pressures and a slowdown in economic growth.
Read More »Price Per Square Foot Hits $169
The average price per square foot of a home hit a new record in July as a new study revealed that these prices have increased 310% since 1980. According ...
Read More »Contract Volume, New Listing Volume Experiences Largest Off-Seasonal Decrease
HouseCanary, Inc. has released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between July 2021 and July 2022. The Market Pulse is an ongoing ...
Read More »One-Third of Declined Mortgage Applicants Eligible for DPA Programs
A recent analysis of HMDA data found that 33% of declined mortgage applications could have been made eligible with the assistance of downpayment assistance programs.
Read More »Mortgage Apps End Four-Week Slide
The MBA reported mortgage application volume rose 1.2% this week, reversing course after the Fed rate hike announcement, and rising after a month-long decline.
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