Overdraft fees—colloquially known as “junk fees” in most circles—cost Americans billions of dollars a year, but a proposed rule from the Consumer Financial Protection Bureau would close one avenue of racking up these charges.
Read More »Gen Z Homeownership Rates Stagnate; Other Cohorts Post Gains
In 2023, Redfin found that Gen Zers were tracking ahead of where their parents were at the same age, but their homeownership rates still trailed behind compared to those of previous generations.
Read More »Q4 Single-Family Home Prices Increased More Than 7%
Quarterly, home prices rose a seasonally adjusted 1.7% in Q4 2023, a deceleration from 2.1% growth in the third quarter.
Read More »Fewer Homeowners Held Onto Ultra-Low Interest Rates in 2023
The number of homeowners with relatively low rates has fallen because many have given up on waiting to move until rates fall, and everyone who did so had to take out a rate at above 6%.
Read More »The Great Floridian Migration
Based on U-Haul's annual year-end Growth Index, Florida destinations dominated the list of the top-25 destination hotspots. Here's where else people are migrating.
Read More »Commercial Bankruptcies Spiked 70% Last Year
Commercial Chapter 11 Bankruptcies increased to 6,569 filings according to a new data report from Epiq AACER. Will that upward trend continue as we move into 2024?
Read More »Monthly Payments Drop, Bringing Some Back to Market
The median mortgage payment dropped by the end of 2023, which has allowed some buyers who had been sitting on the sidelines to finally dive back into the housing market.
Read More »Where Have Americans Moved Post-Pandemic?
As revealed in the 47th National Movers Study—published by United Van Lines—found that for the 2023 calendar year, western states topped the outbound migration lists as Americans Fled expensive and high cost-of-living areas to head to the southeast and other, ...
Read More »Q2 Mortgage Trends Report Finds Declining Critical Defect Rate
For the third consecutive quarter, mortgage critical defect rates declined, as ACES Quality Management notes lenders should focus on the deteriorating quality in the core underwriting categories in the coming months.
Read More »Emerging Trending Housing Topics for 2024
A new paper from Better Homes and Gardens’ Real Estate Professionals weigh in on upcoming trends that will be popular in 2024.
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