Diving into search engine keyword searches, Point2 delved into the thoughts of current real estate investors and those looking to invest/move internationally.
Read More »Southern Cities Dominate List of Cheapest Places to Buy a Home
According to a new analysis, of the top ten cheapest cities to buy a home in 2023, nine are located in the South, while eight out of the top 10 costliest cities remain in pricey California.
Read More »Checking in With Single-Family Rent Growth Trends
A new report from CoreLogic revealed annual single-family rent growth has returned to pre-pandemic rates, growing by just 3.3% year-over-year in June, representing the lowest gain since autumn 2020.
Read More »Mortgage Rate Increase Slows HELOC Activity in First Half of 2023
While HELOC activity surged in 2022, a new report from CoreLogic showed that demand slowed significantly in the first half of this year as Freddie Mac revealed the average 30-year fixed-rate mortgage reached its highest level in over two decades.
Read More »Sun Belt, Florida Metros Remain Popular Despite Growing Climate Risks
Despite the increasing risks of flooding, heat waves, and hurricanes, Americans are still flocking to metros such as Las Vegas, Sacramento, and Tampa, which topped the list of most popular migration destinations in Redfin's latest report.
Read More »Affordability Challenges Persist as Mortgage App Payments Remain Flat
“Prospective homebuyers continued to face challenging conditions in July, with elevated and volatile mortgage rates and low housing inventory serving as a formidable one-two punch that suppressed mortgage applications and sales activity,” said Edward Seiler, MBA’s Associate VP, Housing Economics, and Executive Director, Research Institute for Housing America.
Read More »Hottest U.S. ZIP Codes Offer Homebuyers More Space, Shorter Commutes
As many Americans return to work, a new Realtor.com report showing the Hottest ZIP Codes of 2023 revealed homebuyer demand is being fueled in part by the desire for more commute-friendly locations and additional space.
Read More »Fannie Mae Experts Weigh in on Possibility of Economic ‘Soft Landing’
While the “if” and “when” of a recession remain uncertain, the Fannie Mae Economic and Strategic Research Group does forecast one to occur, expected to begin in the first half of 2024—despite increased chances of a “soft landing.”
Read More »Congresswoman Waters Voices Concerns Surrounding ICE, Black Knight Merger
“As our nation continues to grapple with crisis-level housing affordability and supply issues, it is vital that the federal government does not create conditions that exacerbate these challenges,” said Ranking Member Waters.
Read More »Total Housing Inventory Ticks Up as Existing-Home Sales Fall
While total housing inventory continues to inch forward, existing-home sales retreated in July in the face of mortgage rates sitting at 7.09%.
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