The U.S. Department of Housing and Urban Development (HUD) announced initiatives to reduce associated risks with cash-out refinance lending. Changes are aimed to help preserve the homeowners’ ability ...
Read More »Missed Opportunities: Addressing the Racial Gap in Homeownership, Equity
Redfin reports that homeowners in primarily white neighborhoods gained an average of $70,000 more in home equity than those in predominantly African-American neighborhoods from 2012-2018. Although home prices ...
Read More »Tracking Pending Home Sales in the U.S.
Pending home sales grew for the second-consecutive month in June, as the National Association of Realtors (NAR) announced the Pending Home Sales Index rose 2.8%, and year-over-year contract ...
Read More »Foreclosure Auction Home Prices Measured
According to a new report from Auction.com, solid real estate investor demand and a limited supply of distressed properties continues to push average prices up in most parts of the country.
Read More »Chronicling California’s Affordability Issues
California is no stranger to affordability issues, but a new report by The Mercury News reveals that today’s buyers pay nearly nine times the median annual income—$100,000—for a ...
Read More »Where are Homeowners Looking to Relocate?
Redfin reports that 25% of home searchers on Redfin.com are looking to relocate to a new metro in Q2 2019—a slight increase from last year. The report states ...
Read More »Consumers Gain The Edge in Housing Market Shift
First American Financial Corporation’s Home Price Index (HPI) revealed that consumer home-buying power increased 1.3% in May 2019 and 9.3% year-over-year. The HPI states real house prices dropped ...
Read More »Texas Housing Market Heating Up
Summer’s aren’t the only thing hot in Central Texas. A new report details the new records being set in the region.
Read More »Home Prices a Decade After the Great Recession
Home prices have rebounded nearly a decade after the great recession, and a new report by realtor.com states that cumulative home prices have risen 50% since June 2009. ...
Read More »Opposition to Legislation That Could Harm Housing Affordability
The National Association of Home Builders (NAHB) announced it opposes the Energy Savings and Industrial Competitiveness Act, stating it would mandate “overly costly” requirements that would harm housing ...
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