NAR reported a steadying of pending home sales in the month of November, as contract signings grew in the Northeast, Midwest, and West, but slid in the South.
Read More »SFR Market Posts YoY Growth in Median Listings
In Q3, median single-family rental prices experienced a marginal year-over-year increase, according to HouseCanary's latest report, as inventory posted a substantial surge and median days on market ticked up significantly compared to Q3 of 2022.
Read More »Emerging Trending Housing Topics for 2024
A new paper from Better Homes and Gardens’ Real Estate Professionals weigh in on upcoming trends that will be popular in 2024.
Read More »Sen. Warren Targets Affordable Housing Issues
In a recent speech before the New England Council, Sen. Elizabeth Warren calls for big national investment to lower housing costs nationwide, while fortifying protections for both renters and families.
Read More »Housing Starts on the Rise in November
HUD and the Census Bureau have reported privately‐owned housing starts were up in November 2023, nearly 15% above October 2023’s totals.
Read More »Home Prices Slide as Mortgage Rates Continue to Ease
While the number of homes for sale dipped slightly, according to the latest RE/MAX National Housing Report, home prices are retreating alongside high mortgage rates, which posted their second consecutive decline in November.
Read More »The Number of Affordable Homes Available Dwindles
While affordability issues linger for many, a new study from Redfin has found that just a small portion of homes were deemed affordable by modern lending standards.
Read More »CFPB and Justice Department Charge Developer and Lender Over Predatory Practices
A lawsuit filed by the CFPB and Justice Department alleges that Texas-based developer and lender Colony Ridge targeted and exploited Hispanic borrowers with false statements and predatory loans.
Read More »Despite an Affordability Dip, Challenges Still Abound
Home-ownership expenses now require one-third of average wages nationwide, a 16-year high; historical affordability also stands at worst point since the subprime mortgage crisis in 2007.
Read More »Report: How Community Developers Impact Neighborhood Stabilization Efforts
According to the first-ever Auction.com 2023 Neighborhood Stabilization Report, new data found that community developers are purchasing and renovating distressed properties, often found in underserved neighborhoods, in efforts to provide affordable housing and increase overall access to homeownership.
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