Prospective buyers thwarted by record-high prices and inflationary issues may find relief in the coming weeks as Realtor.com notes softening demand and rising supply may give way to more buying opportunities.
Read More »Foreclosure Starts Up in First Half of 2022
ATTOM reports foreclosure activity creeping up over the first six months of the year, rising 153% year-over-year, but down just 1% from pre-pandemic times of just two years ago.
Read More »Inventory Cited as a Top Concern Among Potential Buyers
A profile of NAR members has found that nearly 60% of agents found that the biggest factor holding back the housing market over the past year was a lack of supply.
Read More »CFPB Furthers Protection of Customer Privacy
New guidance from the Bureau affirms that “permissible purposes” are required to use and share credit reports and background reports by companies compiling personal data.
Read More »Mortgage Rate Gains Putting Pressure on Pending-Sale Agreements
Redfin reports that nearly 60,000 home-purchase agreements fell apart in June, as mortgage rates steadily climbed toward the 6%-mark, thus compounding affordability issues.
Read More »Andrew Weiss Named Partner at Blackfin Group
Management consulting firm adds 35-plus-year industry veteran whose team pioneered the development of Fannie Mae’s Desktop Underwriter.
Read More »FHFA Provides Foreclosure, Refi, REO Updates
Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5 million homeowners with foreclosure prevention actions. Here’s what the GSEs’ latest data reveals.
Read More »Home Renovations: A Time-Sensitive Proposition
A survey of 1,000 U.S. homeowners has found that more than half polled believe that their home improvement and home renovation projects will take longer than originally estimated.
Read More »Institutional Buyers Accounted for 13% of Residential Sales in 2021
An examination of institutional home buyers by NAR found that this segment of buyers comprised 13.2% of the nation’s residential property sales in 2021, up from 11.8% in 2020.
Read More »Vinay Singh Sworn in as HUD CFO
Following recent confirmation by the U.S. Senate, HUD Deputy Secretary Adrianne Todman has issued the oath of office to Vinay Singh, HUD’s newest administrator of instituting financial integrity, fiscal responsibility, and accountability.
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