"Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation," said NAR Chief Economist Lawrence Yun.
Read More »Southern Metros Dominate List of Best Places to Buy a Home
Five Texas metros topped the top 10 list of best places to purchase a home, according to a new study from WalletHub, which examined the strongest local real-estate markets throughout the U.S.
Read More »Southern Metros Dominate List of Best Places to Buy a Home
Five Texas metros topped the top 10 list of best places to purchase a home, according to a new study from WalletHub, which examined the strongest local real-estate markets throughout the U.S., as the housing market remains skewed toward home sellers rather than buyers.
Read More »Recent Housing Market Downturns Targeting Western Regions, Upscale Areas
"We are starting to see some patterns that show where the U.S. housing market is cooling off and how it's hitting homeowners based on some key metrics. It looks so far—and it's important to stress, so far—to be having more impact in places with the highest housing costs and less impact elsewhere," said Rob Barber, CEO at ATTOM.
Read More »Average Monthly Payment on New Mortgages Reaches $2,317
Due to persistently high home prices, new homebuyers may shell out costly amounts for their mortgage payments, as a new study from LendingTree reveals that the average nationwide payment on a new mortgage has reached $2,317 a month.
Read More »Declining Home Prices, Softening Labor Market May Increase Foreclosures
While nominal house price appreciation slowed in response to affordability-constrained demand, new data revealed falling house prices could cause foreclosures to jump, according to the First American Real House Price Index,
Read More »Putting 2022’s Housing Market Trends Under the Microscope
The wild ride known as the U.S. housing market slowed dramatically in the fall of 2022, as mortgage rates surged and home prices remained high.
Read More »CFPB Director Chopra Testifies Before Congress
In the Bureau’s Semi-Annual Report, Director Rohit Chopra detailed the work the CFPB has accomplished, including securing $275 million in total consumer redress and $270 million in civil money penalties.
Read More »Southern U.S. Less Vulnerable to Q3 Housing Market Declines
ATTOM data has found that Mid-Atlantic states, California, and Illinois were more vulnerable to housing market declines in the third quarter.
Read More »Webinar Spotlight: Insights on Digital Mortgages, Due Diligence & More
Click through to revisit this year's lineup of the Five Star Webinar Series, featuring subject-matter experts delving into the trends and challenges that have defined 2022.
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