While rental prices peaked in Q2, they are expected to trend downward in the coming months, as available-for-rent inventory has surged 70% year-over-year. Here’s what else HouseCanary's latest National Rental Report has to reveal.
Read More »AFR Announces Sale to Proprietary Capital
Full-service mortgage banker announces agreement to sell 100% of the company to institutional platform for investors to gain exposure to the U.S. residential-mortgage market.
Read More »More Q2 Shoppers Seeking Homes in Other Markets
Realtor.com has found that more than 60% of all listing page views from the top 100 metros went to homes located outside the metropolitan areas where shoppers live.
Read More »Lock-In Effect Keeping Home Prices Elevated
Home prices are increasing due to the mismatch between supply and demand, as inventory remains low due to the lock-in effect. The total number of homes for sale is down 19%, the biggest drop in a year and a half, and new listings are down 21%.
Read More »Is This the End of the Starter Home?
Researchers from Point2 reveal that even in non-core, secondary, cities, affordable first homes are quickly becoming a thing of the past.
Read More »Harvard Perspectives: Addressing 2023 Housing Challenges, Disparities
Researchers from Harvard University's Joint Center for Housing Studies point out that lawmakers and regulators proved during the pandemic that policy-based housing solutions are possible in a time of crisis.
Read More »Are We Approaching a ‘Double-Dip’ Housing Recession?
According to Odeta Kushi, First American's Deputy Chief Economist, there has never been an official or general agreement on what constitutes a housing recession.
Read More »Housing Inventory Crunch Accelerates in July
Active housing inventory was reportedly 49.2% below typical pre-pandemic July levels, as Realtor.com reports that on a typical day in July, there were 45,000 fewer homes available to buy year-over-year.
Read More »Government Credit Rating Downgrade Forces Uptick in Mortgage Rates
On the heels of Fitch Ratings downgrading the GSEs’ senior unsecured debt ratings to 'AA+' from 'AAA,’ Freddie Mac reports the fixed-rate mortgage climbed nine basis points week-over-week, inching closer to the 7%-mark.
Read More »HUD Partners With NAREB to Address Appraisal Bias and Discrimination
New partnership will increase education, outreach, and efforts geared to tackle appraisal bias and discrimination in the housing marketplace.
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