The nation’s supply of homes jumped for the fourth consecutive month in July, as there were 13.3% more homes for sale than in June, fueling a double-digit increase in homes for sale.
Read More »Senator Warren Leads Charge on Military Housing Readiness Council Act
Introduction of bipartisan legislation will seek to protect and ensure oversight and accountability on safe housing conditions for service members and military families.
Read More »Are We ‘Witnessing a Housing Recession?’
Existing-home sales sagged for the sixth straight month in July, according to the National Association of Realtors. All four major U.S. regions recorded month-over-month and year-over-year sales declines. Total existing-home sales –completed transactions that include single-family homes, townhomes, condominiums and ...
Read More »Higher Share of Vacant Homes Sit in Expensive Towns
A new analysis from a March LendingTree study found more than 16 million vacant housing units in the U.S. This figure may seem steep but becomes more reasonable when you consider how many homes nationwide sit empty while they’re waiting ...
Read More »Millennials Seeking Cost-Efficient ZIP Codes
One of America's most historic regions is its newest homebuying hotspot, with New England ZIP codes representing over half of 2022's top 10 list in the eighth annual Realtor.com Hottest ZIP Codes Report released today. In these ZIP codes, homes ...
Read More »California Leads in Least Affordable Housing Markets
Rising mortgage rates, high inflation, low existing inventory, and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in Q2 of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing ...
Read More »HUD Declares $10M in Funding for Building Grants
The U.S. Department of Housing and Urban Development (HUD) has announced that it will make $10 million available in Rural Capacity Building grants. The Rural Capacity Building (RCB) program enhances the capacity and ability of rural housing development organizations, Community ...
Read More »CFPB Puts Focus on Financial Companies’ Data Handling
The Consumer Financial Protection Bureau (CFPB) confirmed in a circular published today that financial companies may violate federal consumer financial protection law when they fail to safeguard consumer data. The circular provides guidance to consumer protection enforcers, including examples of ...
Read More »‘Stale’ Housing Inventory Rises in July
The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a new report from Redfin. the technology-powered real estate brokerage. In other words, ...
Read More »Cenlar Appoints Dave Applegate as Chairman of the Board of Directors
Cenlar FSB announced that Dave Applegate has been appointed Chairman of the Board of Directors. In addition, Executive VP and Chief Operating Officer Robert “Rob” Lux has been named co-CEO along with D. James “Jim” Daras, who will also serve ...
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