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Running the Numbers

For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.

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Concessions Drawing in More Renters

According to a new Zillow report, as renter demand heightens, there is a corresponding nationwide increase in concessions, with more landlords and property managers offering perks to entice potential tenants.

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High-Opportunity Areas Have More (But Less Affordable) Homes for Sale

While many Americans continue to struggle with housing affordability, a new study from Redfin shows that homes in high-opportunity neighborhoods are not only selling for roughly $130,000 more, but they are also disproportionately white. Meanwhile, homes in low-opportunity areas are becoming less affordable due to gentrification.

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Closing the Homeownership Gap

Julia R. Gordon, Assistant Secretary for Housing and Federal Housing Commissioner of HUD, speaks to MortgagePoint about recent changes such as FHA’s mortgage insurance premium reductions, an ongoing commitment to improving IT infrastructure, and how the arc of her career brought her to her current role.

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The Hurdles Ahead

DS News speaks with representatives of Chase Home Lending, Fannie Mae, U.S. Bank, and more about last year’s victories and how they’re facing the recessionary economic challenges of 2023.

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