Discovering why homeowners choose to remodel can reveal unexpected insights into attitudes and expectations about the current housing market. According to the latest Remodeling Market Index (RMI), released quarterly by the National Association of Home Builders, the number of homeowners ...
Read More »The Most Affordable College Town Is …
Whether consumers are hunting for their perfect house or just trying to find a place to rent, affordability is a key factor in determining if it’s time to settle down or move elsewhere. With so many students burdened by crippling ...
Read More »Banking Committee Considers Fed Nominees
Richard Clarida and Michelle Bowman gave their testimony during their nomination hearing for top jobs at the Fed by the Banking, Housing, and Urban Affairs Committee. Click through to learn what they had to say about their potential roles.
Read More »Industry Veteran Brad Blackwell Announces Retirement
As EVP, Housing Policy & Homeownership Growth Strategies for Wells Fargo Home Lending, Blackwell, who will retire in September has focused his work on enabling sustainable homeownership.
Read More »Mortgage Relief for Those Impacted by Hawaiian Volcano
Nearly 30 homes have been destroyed, and more are in the path of potential destruction since the Hawaiian volcano known as Kīlauea began pouring lava down its slopes on May 3, 2018. Now several lenders, including Wells Fargo and Bank ...
Read More »HUD Calls for Public Comment on ‘Disparate Impact’
HUD has announced it will be seeking public comment on whether its 2013 Disparate Impact Regulation is consistent with a more recent 2015 Supreme Court ruling that clarifies liability as it pertains to disparate impact claims. "HUD remains committed to ...
Read More »Why Many Millennials Still Live with Mom
A report found that nearly a quarter of millennials are living with their parents. Are rising rents to blame?
Read More »NYC Property Investment Revisited
At the height of the financial crisis in 2008, there were some people who bought or invested in condos in New York City, believing those investments would pay off in the long run. It turns out, they were right, according ...
Read More »The Week Ahead: Examining Home Prices and Affordability
On Monday, May 14, at 10 a.m. ET, the National Association of REALTORS will release the latest installment of their Metropolitan Median Area Prices and Affordability Index. This release of the Index will cover Q1 2018. The previous edition of ...
Read More »Housing Market Health Indicators
As the twin trends of rising home prices and low inventory continue in many U.S. markets, the latest CoreLogic Market Health Indicator finds that most studied markets are still healthy or have relatively low risk. However, 12 of the 100 ...
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