“People across the Unites States continue to feel the squeeze from higher housing costs, but the impact is uneven between regions,” said Anna Zhou, Economist for Bank of America Institute.
Read More »HUD Issues $3.4 Million in Additional American Rescue Plan Support
“Negative impacts from the COVID-19 pandemic continue to be experienced by many communities. HUD’s Fair Housing Initiatives Program partners are uniquely positioned to address the housing discrimination concerns of vulnerable populations,” said Demetria L. McCain, HUD’s Principal Deputy Assistant Secretary for Fair Housing and Equal Opportunity.
Read More »Fannie Mae: Recession Conditions Expected in Second Half of 2023
“Inflation has now been joined by financial stability concerns as threats to sustained growth,” said Doug Duncan, SVP and Chief Economist for Fannie Mae.
Read More »Spring Homebuying Season Kicks Off With Steady Demand
According to a new Redfin report, homebuying demand persists as mortgage rates declined for the second consecutive week after the Fed announced it will only modestly hike interest rates.
Read More »Single Women’s Homeownership Rate Falls
The single women’s homeownership rate declined in 2022 for the first time since 2016, with a slide of 4.1 percentage points from its peak of nearly 27% in 2021.
Read More »The Week Ahead: Senate to Probe Recent Downfalls in the Nation’s Banking System
An upcoming Senate Banking Committee hearing will discuss the state of the nation’s banking system, and how the nation’s bank regulators have resolved these institutional failures.
Read More »Where Single-Family Homes Are Cheaper Than Condos
According to a Point2 study, American respondents said transitioning from a condo to a house would be easier in 20 of the largest U.S. cities analyzed.
Read More »Gross Profits on Home Flips Fall to $68k Per Flip
According to a new report from CoreLogic, Southwestern counties ranked highest in a recent “Safest Place to Live” study, offering homeowners in those areas more protection from some weather-related climate risks.
Read More »Study: The Unintended Consequences of Rent Control Policies
Across America, rent control policies reduce investment and development, according to a study from the National Apartment Association that examines how rent control is hurting housing supply nationwide.
Read More »Spring Homebuyers Greeted by Another Dip in Mortgage Rates
Mortgage rates fell for the second consecutive week, spurring a jump in mortgage apps at the outset of the spring homebuying season.
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