By adopting a new version of the Home Affordable Refinance Program (HARP), Urban Institute authors feel they may have an answer to preventing mortgage defaults.
Read More »Biden Requests Nearly $70 Billion to Address Housing
President Joe Biden has issued his discretionary funding request to Congress, and in it, a 15% increase to revamp housing opportunities and close the racial wealth gap.
Read More »The Week Ahead: The Great American Housing Facelift
This week, the House Financial Services Committee will host a virtual hearing, “Building Back Better: Examining the Need for Investments in America's Housing and Financial Infrastructure,” set for Wednesday, April 14 at 10:00 a.m. ET. House Financial Services Committee Chairwoman ...
Read More »Remote Workers Push for Second Homes
Despite the nationwide rollout of COVID-19 vaccinations and a return to life as once was normal, pandemic-driven demand for second homes is soaring, as many remote workers are opting to spend at least part of their time in vacation destinations, ...
Read More »Seller’s Market Continues to Flourish
A new report finds the imbalance between low volume and high demand is lining the pockets of home sellers nationwide, a trend predicted to continue for the foreseeable future.
Read More »Optimism Fuels Housing Market Sentiment
As vaccinations roll out and the economy improves, an increasing number of Americans feel it’s a good time to buy, according to the latest survey from Fannie Mae.
Read More »Pandemic Forces Shifts in Migration
A new study has found that that 11% of Americans have been forced to relocate to the pandemic, increasing the pool of Americans seeking homes in an already-constricted market.
Read More »Housing Market Competition Heats Up
Reports show that the housing market is at its most competitive since the Great Depression, as low rates are not enough to force prospective homebuyers to overpay for a home.
Read More »Forbearances Drop for Fifth Consecutive Week
With approximately 2.5 million Americans currently in forbearance plans, a new report notes that the total loans in forbearance dropped to 4.9% of total volume, marking a five-week decline.
Read More »Mother Nature Impacting Housing Relocation Choices
Natural disasters, extreme temperatures, and sea-level changes are playing a greater role in homeowner’s choice for relocation.
Read More »