At the Low Income Housing Forum, Treasury Department Deputy Secretary Adeyemo reports that nearly 10.8 million Emergency Rental Assistance payments have been made to keep families in their homes.
Read More »Risky Fire Practices Decreasing Nationwide
The Hartford Home Fire Index, published by The Hartford, a property and casualty insurance provider, has released its third index tracking the probability of home fires in the top 150 metropolitan areas.
Read More »Home Prices Fall, Ending 131 Months of Growth
“Home prices fell in February, the first year-over-year decline in the national median home price in more than two decades,” said Bright MLS Chief Economist Dr. Lisa Sturtevant.
Read More »Annual Rent Growth Slows to Nearly Two-Year Low
January marked the lowest rate of home appreciation since the spring of 2021, declining for the ninth straight month to 5.7%. Meanwhile, Orlando, Florida posted the country’s largest annual gain for the third consecutive month.
Read More »Forbearance Rate Falls Across All Investor Types in February
The MBA reports that servicers’ portfolio volume in February dropped four basis points to 0.60% month-over-month, as approximately 300,000 homeowners nationwide remain in forbearance plans.
Read More »How Environmentally Conscious Homeseekers Are Going Green
Going green is all the rage, be it to reduce your carbon footprint, increase the efficiency of your home, or just be a better global citizen, Americans across the country have joined the green movement in several aspects of their lives, and their homes are no exception.
Read More »U.S. Median Sales Price Experiences Modest Increase
According to the RE/MAX National Housing Report for February 2023, the median sales price experienced a slight rise over January, ending a seven-month streak of price declines.
Read More »SVB Financial Group Announces Chapter 11 Commencement
SVB Financial Group has announced that its strategic alternatives process for SVB Capital and SVB Securities Operations are underway. SVB Securities and SVB Capital's Funds and general partner entities will not be included in the Chapter 11 filing.
Read More »HUD Reinstates 2013 “Discriminatory Effects” Rule
The U.S. Department of Housing and Urban Development has announced it will rescind the 2020 Fair Housing Act rule and restore 2013 policy to help eradicate discriminatory practices from housing market.
Read More »Home Prices Experience First Annual Drop Since 2012
While many homebuyers remained on the sidelines, home sales and competition leveled off in February, as the median U.S. home sale price fell 1.2% in February, marking the first year-over-year decline since 2012.
Read More »