House passage of H.R. 7024 will enhance the Low-Income Housing Tax Credit and support affordable housing nationwide through the construction and rehabilitation of housing for low- and moderate-income households.
Read More »Buyer Purchasing Power Up as Share of For-Sale Homes Improves
"We are seeing increases in inventory and, importantly, gains in newly listed homes for sale indicating sellers are more ready to make moves," said Danielle Hale, Chief Economist of Realtor.com. "Time on market fell, signaling that buyers are ready to make offers on these new options."
Read More »Consumer Benefits of Monitoring Credit
A new TransUnion study revealed how underserved and new-to-credit consumers significantly benefit from monitoring their credit, which “...has expanded considerably in awareness and usage over the past decade,” according to Charlie Wise, Co-Author of the study and Head of Global Research and Consulting at TransUnion.
Read More »Just How Severe Is the National Housing Shortage?
According to new research from the Joint Center of Housing Studies, the lack of homes for sale that has affected the nation is one of the main causes of Americans' affordability concerns.
Read More »Q4 Luxury Home Prices Reach All-Time High
Redfin reports that in Q4 2023, the price of U.S. luxury homes rose at twice the pace of non-luxury homes, led by affluent buyers closing the deal in all-cash transactions.
Read More »How Americans Feel About the Path to Homeownership
With the new year underway, a new survey from Home Bay revealed the benefits of owning a home, how buyers and renters feel about achieving homeownership in 2024, and the quality of life and happiness it provides.
Read More »Senate Hearing Tackles National Flood Insurance Program Reauthorization
Senate Banking Committee Chair Sharrod Brown recently held a hearing to discuss the future of the National Flood Insurance Program, featuring a panel of experts highlighting the many repercussions of an expiration in the program.
Read More »Dissecting Mortgage Servicing From a Federal Perspective
In an upcoming webinar presented by the Five Star Institute’s Legal League, a panel of legal and government experts will examine trends in foreclosure volume, loss mitigation, and litigation challenges within the mortgage servicing space.
Read More »Dip in Rates Brings Resurgence in Bidding Wars
Redfin’s latest analysis of homebuyer trends has found that bidding wars are heating up as mortgage rates have dipped and the nation’s housing supply remains strained.
Read More »Homebuyers Exploring Different Options to Achieve American Dream
Homebuyers are adjusting their purchasing strategies in wake of current market conditions, according to a new survey from RE/MAX, that showed condos, fixer-uppers, and tiny homes are becoming popular trends among American homebuyers.
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