Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. ...
Read More »Cost of Homeownership Growing ‘Prohibitively High’
While home price gains have slowed nationwide, actions by the Federal Reserve to curb inflation continue to make mortgage financing more expensive, according to the latest S&P Dow Jones Indices.
Read More »Fannie Mae: Helping Renters Build Credit
Fannie Mae has announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit score. Beginning September 27, 2022, eligible ...
Read More »Market Study: Towns With the Most $1 Million-Plus Homes
Home prices may seem as if they’re declining in some parts of the country, but they've also dramatically risen over the past two and a half years since ...
Read More »With Homeownership Out of Reach for Many, Millennials Explore Co-Buying
With buyers are seeking smaller mortgages, and "house hacking" quickly becoming the new norm, Pairadime conducted a survey of 1000 millennials in the US around their outlook on ...
Read More »Redfin: 64,000 Buyers Cancelled Contracts in August
In another new sign of the times, roughly 64,000 home-purchase agreements fell through in August 2022 according to Redfin, a number equal to 15.2% of all homes that ...
Read More »HUD Issues 19,000-Plus Housing Vouchers
Marking the most expansive allocation of flexible rental assistance in nearly 20 years, HUD Secretary Marcia L. Fudge has delivered more than 19,000 new Housing Choice Vouchers nationwide.
Read More »New Home Purchase Apps Rebound in August
The MBA reports that new home purchase applications were down year-over-year in August but made a comeback after four consecutive months of declines.
Read More »Elevated Purchase Demand Fueling Housing Market Potential
First American Financial Corporation has released the First American’s proprietary Potential Home Sales Model for the month of August 2022. The Potential Home Sales Model measures what the ...
Read More »Tumultuous Economic Conditions on Horizon After Recent Fed Move
According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and ...
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