A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June 2022 which saw a moderating of prices across the board. Specifically, the ...
Read More »Analysis: Stress and Regrets of New Homeowners
The newest national survey of new homeowners commissioned by U.S News & World 360 Report Reviews found that a majority of new homeowners who purchased a home since the beginning of 2021 reported that they felt “house rich and cash poor” ...
Read More »Americans Increasingly Looking at Vacation Homes in Mexico, Canada
Fortune favors the bold, and in July 2022 search patterns saw a major shift in what destinations homeseekers were considering, but despite that, the top five destinations remained the same: Mexico, Canada, Costa Rica, Puerto Rico, and Belize. Point2, the ...
Read More »Early-Stage Delinquencies Push Up National Delinquency Rate
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for July 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate rose to ...
Read More »Three of Four Regions Post Declining Home Sales Numbers
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in July, the second month in a row and the eighth time it has fallen this year. In addition, three out of the four major regions in ...
Read More »Fannie Mae Advocates for Additional Demographic Loan Data
One of Fannie Mae’s missions is to facilitate equitable and sustainable access to homeownership and quality affordable rental units across the country which provide a stronger and more efficient housing system for all. But as a major source of mortgage ...
Read More »July Home Sales Drop to Early-Pandemic Levels
Home sales showed no signs of stopping its recent descent in July 2022, as sales dropped to their lowest level since the beginning of the pandemic when the market was at a near standstill. According to Redfin, home sales dropped ...
Read More »Report Examines Impact of Recent Events and Policies on PoC
The National Women’s Law Center has released a new report with the collaboration of the Insight Center and Groundwork Collaborative called The Roots of Discrimination Housing Policy: Moving Toward Gender Justice in Our Economy, which explores the “inextricable” links between ...
Read More »Seniors Remain Vulnerable to Housing Market Fluctuations
“Demand for affordable, accessible housing, in-home services, and neighborhood supports and amenities is set to soar—yet right now, we fall well short of meeting even today’s needs,” said Jennifer Molinsky with the Harvard Joint Center for Housing Studies.
Read More »Zombie Property Count Inches Up
The ever present “zombie property” now represents one in just 78 units as the Vacant Property and Zombie Foreclosure from ATTOM Data showed that there were 1,277,162 properties sitting vacant across the country during the third quarter of 2022. This ...
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