The median mortgage payment dropped by the end of 2023, which has allowed some buyers who had been sitting on the sidelines to finally dive back into the housing market.
Read More »Where Have Americans Moved Post-Pandemic?
As revealed in the 47th National Movers Study—published by United Van Lines—found that for the 2023 calendar year, western states topped the outbound migration lists as Americans Fled expensive and high cost-of-living areas to head to the southeast and other, ...
Read More »Pandemic Migration Boom May Be Over
According to Redfin, overall homebuying slowed in 2023 because it was the least affordable year on record and there was a severe supply shortage.
Read More »Momentum Returning to Homebuying Market?
Increased home listings and declining mortgage rates are breathing early signs of life into the homebuying market according to a new analysis from Redfin.
Read More »Q2 Mortgage Trends Report Finds Declining Critical Defect Rate
For the third consecutive quarter, mortgage critical defect rates declined, as ACES Quality Management notes lenders should focus on the deteriorating quality in the core underwriting categories in the coming months.
Read More »Emerging Trending Housing Topics for 2024
A new paper from Better Homes and Gardens’ Real Estate Professionals weigh in on upcoming trends that will be popular in 2024.
Read More »Overdraft Fees Still a Surprise to Many
Even in light of changing legislation and promises from banks to be more transparent on how and when overdraft fees occur, the CFPB has found that many Americans are still surprised by them.
Read More »HUD Announces New Grants Towards Low-Income Housing Projects
As part of the Biden Administration’s Investing in America agenda, the Department has awarded nearly $180 million in grants to support energy and sustainability programs.
Read More »The Number of Affordable Homes Available Dwindles
While affordability issues linger for many, a new study from Redfin has found that just a small portion of homes were deemed affordable by modern lending standards.
Read More »Despite an Affordability Dip, Challenges Still Abound
Home-ownership expenses now require one-third of average wages nationwide, a 16-year high; historical affordability also stands at worst point since the subprime mortgage crisis in 2007.
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