A recent Senate Banking Committee hearing discussed the impending expiration of the NFIP, a measure that provides $1.3+ trillion in coverage to nearly five million homes and businesses. What can be done to enhance the Program and ensure it continues to meet homeowners’ needs?
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 »Pending Home Sales Rise Slightly From April
Pending home sales inched higher in May, ending a six-month streak of declines, according to the National Association of Realtors. Regionally, month-over-month results were mixed as the Northeast and South experienced increases while the Midwest and West posted decreases. Year-over-year ...
Read More »Patrick Dodd Named CoreLogic President/CEO
Shedding the “interim” title, Patrick Dodd takes over as head of the global property information, analytics, and data-enabled solutions provider, covering the real estate and mortgage finance, insurance, capital markets, and the public sector.
Read More »Single-Family Home Inventory Up YoY in May
Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale.
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 »The Week Ahead: Finding Balance Within Housing Inventory
In a battle for the nation’s limited housing stock, a panel of experts take to Capitol Hill to discuss SFR investment and its impact on the current marketplace.
Read More »More Renters Seeking Warmer, Rural Areas
Out-of-state applicants for rental properties increased 42% from 2020 to 2021, according to a new data analysis from TransUnion. In that same period, rental applications in rural areas increased 28%, while urban rental application volume rose just 10%. The primary ...
Read More »ROI on Home Flips Falls to Lowest Level Since 2009
Despite home-flipping rates reaching new highs, representing 9.6% of total home sales in Q1, ATTOM reports that profit margins on flips hit a 13-year low.
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