The U.S. Department of Housing and Urban Development has awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program, with some grants empowering organizations to test for appraisal bias and educate local communities.
Read More »Rental Affordability Worsened Year-Over-Year
As many Americans continue to struggle with housing costs, new report from Realtor.com revealed Miami, Los Angeles, and New York are the least affordable metros where people spend more than 30% of their salary on rent.
Read More »Annual Rent Growth Slows to Nearly Two-Year Low
January marked the lowest rate of home appreciation since the spring of 2021, declining for the ninth straight month to 5.7%. Meanwhile, Orlando, Florida posted the country’s largest annual gain for the third consecutive month.
Read More »U.S. Median Sales Price Experiences Modest Increase
According to the RE/MAX National Housing Report for February 2023, the median sales price experienced a slight rise over January, ending a seven-month streak of price declines.
Read More »SVB Financial Group Announces Chapter 11 Commencement
SVB Financial Group has announced that its strategic alternatives process for SVB Capital and SVB Securities Operations are underway. SVB Securities and SVB Capital's Funds and general partner entities will not be included in the Chapter 11 filing.
Read More »HUD Reinstates 2013 “Discriminatory Effects” Rule
The U.S. Department of Housing and Urban Development has announced it will rescind the 2020 Fair Housing Act rule and restore 2013 policy to help eradicate discriminatory practices from housing market.
Read More »Home Prices Experience First Annual Drop Since 2012
While many homebuyers remained on the sidelines, home sales and competition leveled off in February, as the median U.S. home sale price fell 1.2% in February, marking the first year-over-year decline since 2012.
Read More »The Best Counties for Buying Single-Family Rentals
Rental returns experienced a significant increase from 2022 in roughly 90% of counties analyzed in ATTOM's Q1 2023 Single-Family Rental Market report, reversing years of decline.
Read More »Single Female Homeownership Gains Driving Overall Homeownership Rate Growth
Since 2019, the number of single, female-headed households has increased by 1.4 million, one million of whom are homeowners, according to a new report from First American.
Read More »Examining the Hottest Rental Markets at the Start of 2023
Eight of the nation’s 20 most competitive markets for renting are in the Northeast according to a new report from RentCafe, with Northern New Jersey ranking as the most competitive market in the U.S.
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