Origination

According to a new survey from Arrived, Americans are seeking financial security and stability from homeownership, but many remain hindered by unaffordability. Nearly 80% of Gen Zers report home prices are their biggest barrier to entering the housing market and purchasing a home.

Former TransUnion executive brings senior human capital management experience with broad consumer and business-to-business leadership in the financial services sector to her new role.

The 25 finalists for the 2023 Women in Housing Leadership Awards, to be presented during the 20th Annual Five Star Conference and Expo in Dallas this September, have been named.

"We've been noting for some months that the recent rate of home price gains would have a lagging, but significant, impact on the annual rate of appreciation," said Black Knight VP of Enterprise Research Andy Walden. "Well, June marked that inflection point."

For a litany of reasons—including rising prices and inflation—most consumers surveyed believe that now is not a good time to purchase a home.

While households nationwide continue to struggle with the increased cost of living, doxoINSIGHTS’ 2023 State by State Bill Pay Market Report revealed the average American is spending almost $25,000 per year on household expenses, with 73% of consumers reporting that inflation is currently impacting their ability to pay bills.

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.

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.

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%.

Researchers from Point2 reveal that even in non-core, secondary, cities, affordable first homes are quickly becoming a thing of the past.