First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the July 2022 First American Real House Price Index (RHPI). The RHPI measures ...
Read More »HUD Awards $5M for Repairing Low-Income Veteran’s Homes
The U.S. Department of Housing and Urban Development (HUD), in partnership with the U.S. Department of Veterans Affairs, today awarded $5 million in $1 million allotments to five non-profits in support of the Veterans Housing Rehabilitation and Modification Pilot Program ...
Read More »Predicting the Future of the Hispanic Housing Market
Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. But amidst a tight housing market, potential Hispanic homebuyers —especially first-time buyers— ...
Read More »Small-Town Locales, Million-Dollar Listings
Home prices may seem as if they’re declining in some parts of the country, but they've also dramatically risen over the past two and a half years since the onset of the pandemic. Resulting from this rapid growth, homes valued ...
Read More »Bidding-War Rate Reaches Lowest Level Since 2020
According to Redfin's latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war rate since the beginning of the pandemic when the housing market nearly ...
Read More »CFPB Seeks to Expand Homebuyer Options
The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to improve mortgage refinances for homeowners who would benefit from refinancing, especially for ...
Read More »Asian, Black, and White Hispanic Borrower’s Purchase Loan Shares Increase
The Consumer Financial Protection Bureau (CFPB) has released its annual report on residential mortgage lending activity and trends for 2021. The report’s data are submitted by thousands of the nation’s lending institutions under the Home Mortgage Disclosure Act (HMDA). The ...
Read More »Sales Slip, Prices Soften From July
A recent study from RE/MAX revealed that new listings dropped nearly 13% from July, and inventory declined almost 2%, after four months of consecutive, double-digit growth. Click here for the latest details.
Read More »Study Finds One-Third of U.S. Homes Are Bought With Cash
According to a new report from Redfin, nearly one-third —or 31.4%— of U.S. home purchases were paid for with all cash in July. That’s near the eight-year high reached in February and up from 27.5% a year earlier. The share of all-cash ...
Read More »Most At-Risk Counties Clustered in Chicago, New York City Area
ATTOM has released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, unemployment and other measures in Q2 of 2022. The report shows that ...
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