While overall U.S. mortgage performance remained strong in June, Molly Boesel, Principal Economist for CoreLogic, notes that the impact from recent weather disasters will likely see impacted regions increase in the months to come.
Read More »Purchase Lending, Refinance, and Home Equity Activity Rebounded in Q2
ATTOM's latest Residential Property Mortgage Origination Report showed purchase lending led the way in Q2, spiking nearly 30%, while overall refinance and home equity activity also rose after eight straight quarterly declines.
Read More »Pending Home Sales Get Monthly Bump, But Still Down YoY
A new report from the National Association of Realtors revealed contract signings rose in July, as pending home sales also increased for the second month in a row, according to NAR's latest Pending Home Sales Index.
Read More »This Year’s Housing Market Continues to Favor Sellers
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 »YoY Rent Single-Family Rent Growth Highest in This Windy City
Annual single-family rent growth eased for the 14th consecutive month in June, according to a new report from CoreLogic, remaining near the pre-pandemic growth rate, while growth for attached homes is projected to continue to exceed their detached counterparts.
Read More »Warmer, More Affordable Areas Top Most Popular Migration Destinations
For the first time on record, Myrtle Beach, South Carolina, has made it onto the list of most popular migration destinations, as homebuyers continue to flock to warmer, more affordable cities like Las Vegas and Sacramento.
Read More »Examining 2023’s Hottest U.S. ZIP Codes for Housing
The Hottest ZIP Codes of 2023 report from Realtor.com showed that homebuyers are seeking areas with larger homes and closer proximities to work, with many Americans flocking to areas that are more affordable relative to the rest of the country and less expensive than their nearby metro areas.
Read More »‘Soft Landing’ or Mild Recession? Fannie Experts Update Forecast
As the future of the economy remains uncertain, the Fannie Mae Economic and Strategic Research Group forecasts home sales to remain constrained within a tight range regardless.
Read More »Preserving Inheritor Homeownership: Helping Prevent Property Tax Foreclosures
While attaining homeownership remains a challenge for many, a new report from the National Consumer Law Center examines the severe consequences of property tax liens for owners of inherited homes, as well as the steps heirs can take to prevent property tax foreclosures and preserve homeownership.
Read More »Examining Household Debt in America
According to the New York Fed, mortgage balances were largely unchanged from the previous quarter, partly due to declining mortgage originations and slowing home prices.
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