As homebuyers' perception of the economy and affordability continue to worsen, nearly 40% of Americans planning to buy their first home in 2023 revealed now is a good time to buy, as many continue to search for homes and save for downpayments.
Read More »Expert Insights: Finding Originations Success in 2023
Ron Vaimberg, President of Ron Vaimberg International, speaks about the keys to origination success in today’s challenging economic environment.
Read More »After Four Weeks of Increases, Mortgage Apps Tick Downward
Continued low mortgage rates have not equated into a strong start to the spring homebuying season, as the MBA reports a decline in overall application volume after four consecutive weeks of increases.
Read More »Share of Americans Living Rent-Free Surpasses Nearly Four Million
While the share of adults behind on rent surpassed eight million nationwide, a new LendingTree study revealed an estimated 3.6 million Americans currently live rent-free, another financial alternative to combating inflated housing costs.
Read More »Mortgage Apps Increased in February as Homebuyer Affordability Declined
As high mortgage rates and inflated home prices persist, a new report from the Mortgage Bankers Association revealed the national median payment applied for by purchase applicants increased nearly 5% in February.
Read More »Texas Targeted as a Top Relocation Destination
A new analysis from United Regions Van Lines examines the states that offer the greatest housing savings and which states rank highest in employment opportunities.
Read More »High Mortgage Rates Putting a Damper on Million-Dollar Homes
The share of U.S. homes worth at least $1 million slipped to 7% from 8.6% in June, according to a new report from Redfin, as inflated mortgage rates continue to cool the housing market.
Read More »Home Sales Show Strong Increase Over January
While overall home sales remain down 24.4% year-over-year, February home sales increased nearly 17% from January, according to the RE/MAX National Housing Report.
Read More »Home Prices Experience Modest Increase in February
According to a new report from Redfin, home prices declined in February as home sellers responded to a decline in homebuyer demand spurred by elevated mortgage rates.
Read More »The Best Counties For Buying Single-Family Rentals
Rental returns experienced a significant increase from 2022 in roughly 90% of counties analyzed in ATTOM's latest Q1 2023 Single-Family Rental Market report, reversing years of decline and narrowing down the best counties for single-family rentals in 2023.
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