Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in light of the rapid rate increase by the Federal Reserve in June. ...
Read More »Inventory Makes a Recovery in June
Those experiencing woes due to the lack of available inventory may see relief on the horizon as early June numbers show that for-sale homes available to buyers climbed 18.7%—the fastest yearly pace of all time—according to Realtor.com’s Monthly Housing Trends ...
Read More »FHA Commissioner Works Towards Affordable Housing Amid Extraordinary Conditions
In a new interview, Julia Gordon, the FHA’s newest commissioner, discusses the task of getting people into affordable housing and keeping them there, suggesting changes to FHA-backed auction sales and asking lenders for help to avoid foreclosure in times of trouble.
Read More »PropTech Aims to Bring Efficiency to the Market
PropTech, or the amalgamation of FinTech and real estate, has been a growing trend recently with the word popping up in conversation more and more often. The ultimate goal of PropTech is to make real estate transactions more efficient, leading to ...
Read More »Government Regulators Make Progress in Addressing Climate-Related Risks
A brand-new scorecard, researched and released by Ceres, shows that federal financial regulators are taking numerous and broad steps to tackle the financial risks of climate change, as outlined by the Biden Administration, in a “clear sign” of regulatory process ...
Read More »What More Can Be Done to House the Homeless?
Working to address the homelessness crisis throughout the country, the Urban Land Institute (ULI) has released a new report investigating how the real estate community is working to address this crisis on a nationwide scale. Overall, the report shows how ...
Read More »A Look at the GSEs’ Equitable Housing Finance Plans
Don Layton, Former CEO of Freddie Mac, lays out four major points the GSEs should consider as related programs go online.
Read More »U.S. Records 19k Foreclosure Starts in May
Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for May 2022, which looks at delinquency and foreclosure rates across the U.S. According to Black Knight, the national delinquency rate fell to 2.75% ...
Read More »Demand for Vacation Homes Returns to Pre-Pandemic Norms
Vacation homes became all the rage early in the pandemic, with demand peaking at 90% above normal levels in March 2021. But today, the apparent demand for second properties or vacation homes has fallen to “normal” levels, or at least to ...
Read More »On the Horizon: Insights From the JCHS
The Joint Center for Housing Studies at Harvard University takes a look at a few key datapoints, which give a better picture of how the market is faring as we near the year’s halfway point.
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