The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from ...
Read More »Rents Grow Nearly 20% Since Pre-Pandemic Levels
According to the latest Monthly Rental Report from Realtor.com, rental prices grew nationwide by nearly 20% from March 2020 to 2022 during the pandemic. Two-year rental trends indicate ...
Read More »Mortgage Rates Hit 11-Year High
Not since early 2011 have mortgage rates hit the 5% mark, but this week, that became a reality, as elevated home prices and short supply are making the dream of homeownership an expensive proposition.
Read More »Wells Fargo Commits $210M to Advance Racial Equity
Citing “systemic inequities” that have prevented many minority families from achieving homeownership and wealth-building goals, the company has announced a new initiative to help close this gap.
Read More »Biden Administration Reinforces Efforts to Reduce the Homeownership Gap
HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.
Read More »MISMO Unveils New Tool to Ease Digital Mortgage Closings
MISMO announced the availability of the MISMO e-Eligibility Exchange, Powered by Snapdocs, created to further accelerate industry-wide adoption of digital closings. Developed in partnership with Snapdocs, the e-Eligibility ...
Read More »Housing Costs Spark Record Share of Buyers Looking to Relocate
According to a new report from Redfin, a record 32.3% of its users nationwide looked to move to a different metro area in Q1 — up from 31.5% ...
Read More »Sellers Should Start Preparing Their Homes for Sale Post Haste
As part of “Listapalooza,” Realtor.com has released a slew of new data showing that potential sellers should think about preparing their home to sell now, during the time ...
Read More »Interest Rises in ARMs
As mortgage rates cross the 5%-mark, application volume continues to tail off, the share of ARMs apps rose, a positive sign in purchase demand while affordability challenges linger.
Read More »Adversity Mounts for Single Women Seeking Homes
It’s no secret that home prices are rising in nearly every corner of the country, but what does that mean for certain marginalized demographics in their search for ...
Read More »