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Daily Dose

Homebuyers Finding Relief in Home Price Drops

Redfin reports that many home sellers are getting just two or three offers as opposed to the 20 that were common at the pinnacle of the market. Find out what percentage of homes for sale posted a price drop during the past month.

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CFPB Examines State Community Reinvestment Laws

The Bureau has issued a new analysis on state Community Reinvestment Act laws, examining affirmative lending, service delivery, and investment obligations by mortgage companies and deposit-taking institutions. Read the details after the link.

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Homeowner Equity Remained Strong During Q3

While underwater mortgages continue to improve throughout the U.S., ATTOM's 2023 U.S. Home Equity & Underwater Report revealed nearly half of all mortgaged properties were considered equity-rich in Q3, despite experiencing the largest quarterly decrease since 2019. Here’s what else the report reveals.

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October Home Prices Hold Steady

Amid a larger inventory drought and increasing mortgage rates, Realtor.com reported that October home prices held steady from the previous month. But is the number of homes actively for sale following suit?

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