While the multifamily market rebounded in 2023, a record number of units were also completed, causing the vacancy rate to rise in December, according to a new report from Apartments.com.
Read More »High Interest Rates Hindering Homebuyer Mobility
While the combination of high home prices and interest rates continues to price many potential buyers out of the market, homebuyer mobility has stalled as a result as well. Riordan Frost, Senior Research Analyst for the Joint Center for Housing Studies, reveals the latest predictions surrounding homeowner mobility and what it would take to recover.
Read More »FHA Loans Could Cost Less for Homebuyers
A recent bill passed by the House could help first-time buyers, especially from low-income households, save costs of homeownership. Here’s how.
Read More »Fortifying Housing Against Climate Change
A white paper gives insights into what is being done by states across the country to protect homes from climate change and what steps can be taken to mitigate any future challenges.
Read More »Innovating for the Shifting Demographics in Housing
Here’s why it is important for the industry to relook at the housing stock available to meet the needs of the changing demographics of households, according to Fannie Mae.
Read More »How Wells Fargo is LIFTing Communities
Click through to learn how the bank’s initiative for low- and moderate-income households has helped with the purchase of $2 billion in real estate since 2012.
Read More »Addressing Home Price Expectations
A new survey by the Federal Reserve Bank of New York sheds light on how consumers expect home prices and other macro indicators to evolve over the next six months.
Read More »The Development of Middle-Class Neighborhoods
A report shows what metropolitan areas the middle-class tends to concentrate in, and why. Click here to see where those areas are and what forces shape them.
Read More »Mortgage Balances Grow, As Does Household Debt
A report by the New York Fed pointed to rising mortgage balances among households in the second quarter. Here’s a break down of how housing and non-housing debt contributed to what households owed.
Read More »Millennial Homebuyers Go on a Shopping Spree
The Census Bureau released its second quarter homeownership and vacancy data, revealing a jump in the homeownership rates among young Americans from last year. What is driving more millennials to the housing market?
Read More »