Daily Dose

In order to further the principles of fair housing, the Biden-Harris Administration has announced new actions to increase fairness in the rental market.

Serving in the Interim Chief Economist role since July 2022, CoreLogic promotes Selma Hepp to lead team producing insights to help industry stakeholders better navigate today’s real estate environment.

A new Redfin report revealed that after Sacramento and Las Vegas, Miami was the most popular migration destination in Q4, followed by Tampa and Phoenix.

“U.S. insurers expect to increase their tolerance for risk even as market volatility remains elevated and higher quality assets are finally offering more compelling yields,” said Woody Bradford, CEO and Chair of the Board for Conning.

HUD’s support will help strengthen capacity and invest in innovative and actionable research for Hispanics to address issues regarding housing, economic development, and the built environment for underserved communities.

“The steep annual decline in market potential was largely a result of higher mortgage rates, which prevent both buyers and sellers from jumping into the market,” said Mark Fleming, Chief Economist for First American Financial Corporation.

For the third consecutive month, the nation’s forbearance rate has remained relatively flat, with new forbearance requests and re-entries being reported at nearly the same pace as exits.

The amount consumers are set to spend on home renovations or repairs is set to slide for the first time in a few years. Click through for more.

"There are economic signals pointing to recession but also signs that a 'soft landing' may be in the offing," said Doug Duncan, SVP and Chief Economist, Fannie Mae.

With 80% of millennial homebuyers in debt, a new study from Real Estate Witch revealed more than 90% cited inflation as impacting their homebuying plans, as many remain unable to afford downpayments and mortgage payments.