The 2020 presidential race is pivotal for many reasons, including its implications for the housing industry, which often receives less attention on the campaign trail than other topics. Yet, as America faces a historic shortage of homes for sale, researchers at Realtor.com take a close look ...
Read More »HUD, White House Pen Op-Ed on ‘Defending Suburbs’
President Donald Trump and HUD Secretary Dr. Benjamin Carson co-authored an op-ed piece in the Wall Street Journal, addressing housing-industry talking points such as affordability, single-family zoning, opportunity zones, and the President's recent campaign press to "defend the suburbs." This ...
Read More »Mortgage-Loan Delinquency Rates: Q2 2020 Snapshot
There was a climb of 8.22% in the delinquency rate for mortgage loans on one-to four-unit residential properties of all loans outstanding at the conclusion of the second quarter, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey. Researchers ...
Read More »‘Dramatic Bounce Back’ Indicated in July Housing Health Report
Despite the coronavirus pandemic, housing activity keeps advancing, researchers say. Analysts say the growth, despite COVID's persistence, “indicates underlying consumer demand.” According to the BuildFax Housing Health Report for July, published this week, single-family housing authorizations continue to rise substantially month over month. In addition, they said, ...
Read More »How Many Mortgages Are Now in Forbearance?
The ongoing COVID-19 pandemic and expiration of expanded unemployment benefits continue to represent significant uncertainty for the weeks ahead, according to researchers.
Read More »HUD Grants State, Local Officials Receive More Fund-Spending Flexibility
A new announcement by U.S. Department of Housing and Urban Development (HUD) Secretary Dr. Benjamin Carson revealed an array of new flexibilities states and local government can use their Community Development Block Grant (CDBG-CV) funds, as well as other federal ...
Read More »Industry Reaction: Fannie and Freddie’s Adverse Market Fee
Both supporters and critics are weighing in on the “adverse market fee” or "market condition credit fee" introduced by the GSEs last week, under the authorization of the FHFA.
Read More »HUD’s Carson Provides Opportunity Zone Updates
While visiting Florida, the Secretary of HUD said that "the Opportunity Zone initiative elevates our Nation’s once forgotten communities from economic distress to flourishing areas with new hope and promise."
Read More »Lowest Unemployment Rate in Months, Continuing Gradual Recovery
Though jobless claims continue to drop, America is still a long way from pre-pandemic numbers. A pair of housing market economists weigh in.
Read More »How COVID-19 Is Driving Migration Trends
Americans are relocating for pandemic-related reasons. A new report reveals where movers are headed and what cities they are leaving.
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