According to the National Association of Realtors, up to 95% of buyers now use the internet at some point during their search process.
Read More »Rising Home Prices Further Curtailed Affordability in Fall
More than half of the 20 markets reported by S&P CoreLogic Case-Shiller experienced increased price growth in November, particularly in the nation’s warmer markets.
Read More »Homebuyer Relocation Nears Pandemic Peak
Data shows consumers continuing to flock toward relatively affordable cities with warm weather, including Miami, Phoenix, and Las Vegas.
Read More »HUD Awards Housing Counseling Funding to Offset Pandemic Impact
HUD awarded $51.4 million in grants to support housing counseling programs, partnerships with minority-serving institutions, and training.
Read More »Freddie Mac: Despite Rate Hike, Housing Market Stability Ahead?
Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »Fannie Mae Examines Appraisal Inequality
In breaking down 1.8 million appraisals over 2019-2020, the GSE investigates divergent appraisal values among Black and white borrowers.
Read More »The Average Home Now Costs More Than $475k
Lack of sufficient inventory combined with inflation and the threat of rising interest rates continue to put pressure on the market.
Read More »U.S. Sees Biggest Rent Jump in Two Years
Redfin agents report the biggest increase was in Austin, where rents surged 40% from a year earlier during the pandemic.
Read More »Coronavirus Housing Report Spotlights Locales Vulnerable to Economic Impact
According to a report, Chicago and New York City areas were the cities most at-risk of negative economic damage related to the pandemic in Q4 of 2021.
Read More »Mortgage Applications Decreased 7.1% for New Home Purchases
The MBA estimates new single-family home sales will continue running at a seasonally adjusted annual rate of 887,000 units in December 2021.
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