Some towns with four-year colleges that are off the beaten path are ripe for real estate investment as room and board prices soar. Here’s a short list of markets poised to explode.
Read More »Diminished Pool of Homebuyers Forces Retreat in Pending Sales
"It's clear that increased housing inventory and better interest rates are essential to revive the housing market," said NAR Chief Economist Yun. Click through for more on NAR’s August Pending Home Sales report.
Read More »CFPB Releases Annual Report on Residential Mortgage Lending Activity
"The higher interest rate environment had profound effects on the mortgage market in 2022, with borrowers paying much more in monthly payments,” said CFPB Director Rohit Chopra. Click through to read more on the CFPB’s analysis of 2022 HMDA data.
Read More »HUD Awards Nearly $1 Million to Research the Homeownership Gap
HUD has issued several grants geared toward research to address disparities in access to mortgage financing and homeownership for borrowers of color and other underserved groups.
Read More »Housing Supply Jumps to Six-Month High
U.S. housing supply jumped to 7.8 months at the current sales rate in August, the highest measure recorded since March 2023, as the inventory of completed homes for sale continued to climb, hitting its highest level since April 2020.
Read More »More Homebuyers Are Moving to Places Endangered by Extreme Weather
Redfin reports that a record share of homebuyers nationwide are relocating to areas facing increasing climate risks, including metros that are often faced with extreme wind/hurricane risk and flooding.
Read More »CFPB Proposes the Removal of Medical Bills From Credit Reports
Proposals are being considered by the Bureau to help end coercive debt collection tactics, clean up inaccurate data, and improve credit score predictiveness by erasing medical bills from Americans’ credit reports.
Read More »Annual Home Price Appreciation on Pace to Accelerate
Home prices continued to rally nationwide in July, as the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a slight 1% annual change in July, up from no change the previous month.
Read More »High Rates Push Pending Home Sales Down 13%
Mortgage interest rates have remained stubbornly high in recent weeks, well after the summertime busy season moving into the tamer fall season.
Read More »REO Forum Closes Out Successful 2023 Five Star Conference
Asset managers and industry stakeholders took part in a forum at the Five Star Conference & Expo in Dallas to discuss shifts in the REO marketplace, and how to overcome hurdles the industry may face in the coming months.
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