A new report notes that 2023 foreclosure filings were up from 2022 but still below pre-pandemic levels. "Reflecting on 2023, we see the recent rise in foreclosure activity as a market correction rather than a cause for alarm. It signals a return to more traditional patterns after years of volatility," said Rob Barber, CEO at ATTOM.

While the total number of listings is down year-over-year, a new Redfin report revealed that mortgage applications are rising as more home sellers list their homes on the market, offering buyers a lower rate from their October-high and more inventory to choose from.

New York, Los Angeles, and San Francisco are the most valuable metros in the U.S., according to a new LendingTree study, but it may come as a surprise how much the total value of owner-occupied homes are within them.

The share of homeowners that are considered “house poor” has risen above 30%, according to a new study from Creditnews, as housing affordability remains a challenge for American households nationwide.

Inventory levels are improving, and home sellers were more active this December, according to Realtor.com's Monthly Housing Market Trends Report. With the number of homes for sale growing year-over-year, experts anticipate that more new listings will enter the market in 2024.

The CFPB announced the approval of the Independent Community Bankers of America's (ICBA) proposed template to improve mortgage disclosures to "provide consumers greater clarity, streamline the process through improved disclosure requirements, and expand access to more affordable homes in rural areas with limited housing supply," according to Rebeca Romero Rainey, President and CEO of ICBA.

"Mortgage rate optimism increased dramatically this month, with a survey-high share of consumers anticipating mortgage rate declines over the next year," said Mark Palim, VP and Deputy Chief Economist at Fannie Mae.

“The slight increase in December listings indicates the impact of lower mortgage rates is beginning to trickle down into the market, which comes as an optimistic sign as we head into the new year," said Jeremy Sicklick, Co-Founder and CEO of HouseCanary.

While housing affordability is expected to improve in 2024, according to a new Zillow market report, with the hottest markets across the U.S. located in cities that offer cheaper mortgage payments and more job opportunities.

Americans want to know: will it be any easier to buy or rent a home in 2024? A study from the National Housing Conference revealed how U.S. citizens remain concerned with nationwide housing costs, as many believe affordability is the worst they've experienced in their lifetime.