Which U.S. region remained the most popular region for renters in November, according to a new RentCafe report? Find out which city took the ranking for the most in-demand city in the U.S. per the latest data.
Read More »Housing Inventory Plummets in Most Affluent U.S. ZIP Codes
A recent Point2 study examined America’s fastest-selling and most expensive ZIP codes, showing that while inventory fell dramatically in some of the nation’s priciest markets, homes are selling faster than the year before, with some million-dollar estates selling in just one week.
Read More »Home Prices Hit New Peak as ‘Supplier’s Strike’ Continues
October sale prices indicated that the lack of housing supply is constraining market and frustrating homebuyers, according to First American's October Home Price Index report, with sellers continuing their "suppliers' strike" and further hampering already insufficient inventory levels.
Read More »Share of Home Sellers Offering Concessions Up From Pandemic Lows
As homebuyers continue to back out of the housing market, home sellers are providing concessions to help reduce the buyers’ total cost of purchasing the home, according to a new Redfin report, offering some house hunters a sense of financial relief in hopes to sell their homes quickly.
Read More »Low Inventory Fuels Growing Housing Competition
Limited inventory has brought about a rise in competition, as a new Zillow report finds that new listings are shrinking nationwide as home sellers accept that near-8% mortgage rates are unlikely to decline anytime soon.
Read More »Ginnie Mae Updates on MBS Guide, Single-Family Pool Delivery Module
“I am pleased to announce this final milestone of the SFPDM transition as part of our ongoing modernization and business transformation initiative,” said Ginnie Mae President Alanna McCargo. “The timely and successful completion of this enhancement is due to the combined efforts of the Ginnie Mae staff and our partners in the Issuer community.”
Read More »HELOCs Inaccessible to Nearly Half of U.S. Homeowners
A new study from Point showed that U.S. homeowners have an estimated $29.3 trillion available in home equity, but nearly half of those Americans are unable to access it.
Read More »FHFA Releases Annual Report Highlighting 2022 Performance of FHLBanks
“FHFA’s comprehensive review of the Federal Home Loan Bank System has highlighted its long-term importance in both providing liquidity in the housing finance market and promoting housing affordability and community investment,” said Director Sandra L. Thompson.
Read More »Rental Market Moderates as New Inventory Gets a Boost
A new Redfin report revealed the share of rental vacancies has increased as more inventory enters the market, causing median asking rents to flatten nationwide from their record high reached in August 2022.
Read More »HUD Announces $50M to Address Youth Homelessness, Improve Housing Placements
As rising unaffordability plagues the nation, the U.S. Department of Housing and Urban Development has granted millions in funding for new resources to help communities transition people from homelessness to housing by building a stronger response system to assist youth in housing crises and all those experiencing displacement.
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