Efforts to use this digitized data for urban development must also keep in mind how this sort of data has been used historically. A new post from David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, dives into the concept.
Read More »Florida Markets Remained Fairly Competitive During Peak Rental Season
Rental market competition was moderate this summer compared to last year, according to a new RentCafe study, with Miami named the most competitive rental market during peak moving season, while two other Florida markets also topped the top 10 list.
Read More »Generation Z Feeling Crunch of Affordability Concerns
“The worsening housing affordability crisis has an outsized impact on Gen Zers and millennials because they’re much less likely to own a home than older generations,” said Redfin Chief Economist Daryl Fairweather.
Read More »Housing Premiums, Home Prices Tick Up From July
Housing premiums have risen in seven of the top 10 hottest housing markets in the country amid concerns that the real estate market is taking off again after years of record price growth, according to July data from the Florida Atlantic University's Top 100 U.S. Housing Markets report.
Read More »Homeowners Nationwide Experience Decline in Equity
Since Q2 of 2022, homeowners with mortgages have seen their total equity decline by a total of $287.6 billion, representing a loss of 1.7% year-over-year, according to a new CoreLogic analysis.
Read More »The Week Ahead: What Lies on the Horizon in Q4?
The third installment of 2023 of WFG’s “Quarterly Economic Outlook,” featuring WFG Chairman and Founder Patrick Stone along with Dr. Bill Conerly, will review Q3 and look ahead to what’s expected in the housing space for the remainder of 2023.
Read More »HUD Updates Its Housing Counseling Program Handbook
Through issuance of updates to its Housing Counseling Program Handbook, HUD will provide participants with the latest guidance to assist consumers with their housing needs, including enhanced guidance on HECMs.
Read More »Q2 Housing Affordability Down Across Large U.S. Metros
Even the most affordable metro areas analyzed in NerdWallet's latest Q2 housing activity report experienced price increases that decreased overall affordability, as rising home prices and high interest rates continue to make the homebuying process even more difficult for potential first-time buyers.
Read More »As Mortgage Rates Reach New Highs, Consumer Sentiment Shifts
“Mortgage rates once again breached the 7% mark in August, hitting a 22-year high and doing no favors for consumer sentiment,” said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Mortgage Rates Top 7% for Fourth Straight Week
“The housing market appears to be stuck heading into autumn, with sales activity likely to stay stagnant until housing inventory increases, and mortgage rates decline to more affordable levels,” said MBA President and CEO Bob Broeksmit. Click through to read more on this week's mortgage rates.
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