Daily Dose

According to the latest analysis from First American Financial, education is one of the main, long-term drivers that are fundamental to housing demand that will gradually position the housing market to rebound from current challenging economic conditions.

With many households unable to afford necessary expenses as a result of rising rates and inflated home prices, a recent study from LendingTree revealed that many American homeowners report being worried about or likely to leave their home due to foreclosure in the next two months.

New amendments seek to remove barriers to the FHFA’s Enterprise Duty to Serve activities in high-needs rural regions of the nation’s southern border states.

Home price growth showed signs of slowing in August 2022 as rates fell to 12% on an annualized basis—off from its 35% peak—according to the latest Home Price Index published by homegenius.

In the aftermath of Hurricane Ian causing billions in damages to Florida and South Carolina, WalletHub's latest market report determines which states throughout the nation are most and least impacted by natural disasters.

“The condition of a family’s home is a major factor in determining their health, and today, too many homes have hazards, particularly, homes in communities of color,” said Matthew Ammon, Director of the Office of Lead Hazard Control and Healthy Homes.

Despite the struggles faced by the overall housing market, luxury second home mortgage rate locks remained 152% above their pre-pandemic level in Q3 of 2019, with remote workers continuing to lead the charge.

With many Americans citing high home prices and mortgage rate conditions as primary reasons for being unable to afford a home, an estimated 75% of consumers in Fannie Mae’s latest Home Purchase Index believe now is a bad time to buy a home, causing many to pull back from their home searches.

A new analysis by Redfin has found that 62% of those planning to buy or sell a home are reluctant to relocate to a place at risk of natural disasters.

CoreLogic’s latest examination of total flood and wind losses increases in the aftermath of Hurricane Ian, as uninsured residential flood loss alone is estimated in the $10-$17 billion territory.