Home prices compared to incomes have been rising since before the pandemic, but they really took off after the Federal Reserve began hiking interest rates in 2022. Here’s which markets are feeling the strain the most.
Read More »2024 Housing Market: Is a ‘Flat Stretch’ Ahead?
The nation’s housing outlook depends largely on the economy and inflation, analysts say, as the industry closes the book on 2023 and approaches the new year.
Read More »Home Repair Expenses Steadily on the Rise
According to new data from Verisk, the cost of home repairs and remodeling in Q3 2023 jumped year-over-year, as the costs of materials used in home repairs continue to rise.
Read More »FHA Helped 765,000 Families Purchase Homes in FY 2023
The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.
Read More »Measuring the Quantifiable Benefits of Selling Through MLS
A new study reveals that homes marketed through a multiple listing service sell for approximately 18% more than the average asking price.
Read More »Single-Family Home Sizes Shrink in 2023
An analysis of U.S. Census Bureau data has found that the average square footage of a house in America is at its lowest point since 2010.
Read More »How Mortgage Companies Have Been Impacted by the Pandemic
Rob Nunziata of ActiveComply discusses how the mortgage industry was impacted by the pandemic, the liabilities that a work-from-home staff bring, and how home lenders and servicers are managing this risk.
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 »Through Booms & Busts: Part II
With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process in the second part of this two-part series.
Read More »Mortgage Tech: Through Booms & Busts: Part I
With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process. (Part one of two.)
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