Cities in the Sun Belt have seen massive growth year-over-year as both median rent payments and median mortgage payments rose by over 20%.
Read More »First Citizens Reaches Agreement With FDIC to Acquire SVB
FDIC turns ownership of Silicon Valley Bridge Bank over to First Citizens Bank & Trust Company in a deal that includes the purchase of approximately $72 billion of Silicon Valley Bridge Bank’s assets at a discount of $16.5 billion.
Read More »Homeownership Rate for Single Women Declines in 2022
For the first time in six years, the trend of female homeownership rates for young, single women declined in 2022, according to a new Zillow report.
Read More »The Week Ahead: Maximizing Vendor Relationships
The Five Star Institute, in partnership with Boston National Title, will present the latest in its Webinar Series, focusing on vendor products, performance, and pricing in a post-pandemic world.
Read More »Home Flipping Still Profitable; More Popular Too
The number of flips by small and large investors alike hit its highest level in over 15 years.
Read More »Report: Rent Control Crippling Nationwide Housing Supply
A new report from the National Apartment Association revealed more than 70% of housing providers say rent control would reduce investments, shift development or cancel their plans altogether.
Read More »Southwestern Counties Dubbed Safest Places to Live
According to a new report from CoreLogic, Southwestern counties ranked highest in a recent “Safest Place to Live” study, offering homeowners in those areas more protection from some weather-related climate risks.
Read More »HUD Awards Over $54M to Combat Housing Discrimination
The U.S. Department of Housing and Urban Development has awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program, with some grants empowering organizations to test for appraisal bias and educate local communities.
Read More »Rental Affordability Worsened Year-Over-Year
As many Americans continue to struggle with housing costs, new report from Realtor.com revealed Miami, Los Angeles, and New York are the least affordable metros where people spend more than 30% of their salary on rent.
Read More »Fed Raises Rates by a Quarter Point
The ninth consecutive interest rate increase signaled that the Fed is barreling forward, combating ongoing inflation amid an unstable market and economic turmoil in the aftermath of the failures of SVB and Signature Bank.
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