With many Americans citing high home prices and mortgage rate conditions as primary reasons for being unable to afford a home, an estimated 75% of consumers in Fannie Mae’s latest Home Purchase Index believe now is a bad time to buy a home, causing many to pull back from their home searches.
Read More »YoY Bankruptcy Filings Increase for Second Straight Month
According to Epiq Bankruptcy's latest market analysis, the total number of filings increased an overall 7% in September, while commercial Chapter 11 filings increased nearly 80% over the last year.
Read More »With New Net Listings Down, Housing Market Reaches Crossroads
HouseCanary's latest Market Pulse report shows decreasing demand has resulted in a sharp drop in new listing volume, resulting in an estimated 19% decrease nationwide compared to September 2021.
Read More »Moderate-Income Rental Housing a Viable Asset as ESG Investments Grow
With interest among real estate investors in workforce housing and ESG-focused investments on the rise, affordable rental housing demand is surging for moderate-income households as the transition to homeownership becomes unobtainable for many Americans.
Read More »Home Price Gains Slow Again in August
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due ...
Read More »HUD Makes Nearly $29M Available to Fight Housing Discrimination
Enforcing the nation’s fair housing laws and policies under the Fair Housing Act, HUD has announced that the most recent grants available will support fair housing education and outreach, testing, and enforcement activities through the Department’s Fair Housing Initiatives Program.
Read More »New Study Finds Majority of U.S. Markets Favor Sellers
The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month's Knock Buyer-Seller Market Index, sellers have the upper hand remaining in most markets throughout the U.S. ...
Read More »Recent HUD, Census Bureau Survey Provides Insight on Housing
According to the new 2021 American Housing Survey released by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau, in general, 2020 and 2021 were good for homeowners but presented challenges for many renters. Every ...
Read More »Hurricane Ian’s Potential Housing Impact
Despite being downgraded to a tropical storm while passing over Florida, Ian has intensified into a hurricane again as of press time, barreling towards the coast of South Carolina. Here’s what CoreLogic experts previously projected regarding potential reconstruction cost values of all homes impacted by Ian’s destructive path.
Read More »Slip in Home Prices May Provide Housing Market Relief
ATTOM has released its Q3 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in Q3 of 2022 compared to historical averages in 99% of counties across the nation with enough data to analyze. ...
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