The standard down payment of 20% has done nothing but rise as this number is tied to home prices, which are also rising. Click through to find out where the cheapest down payments are...and the most expensive.
Read More »Residential Remodeling Activity Primed to Retreat?
According to a new analysis from the Joint Center for Housing Studies, home updates are likely to see some changes over the coming year. Click through to learn what the study is forecasting over the next four quarters.
Read More »Housing Inventory Gets Largest Month-Over-Month Boost in More Than a Year
A new RE/MAX report spotlights which metros are seeing the most significant increases. Click through to read the full report and learn what other “seasonal trends” are in play.
Read More »Save the Date for Complimentary Webinar: Evolution of the eNote
An upcoming Five Star Institute webinar will explore how United Wholesale Mortgage works in conjunction with DocMagic to employ a digital lending process including eNotes for a modern, efficient, and secure way to process and manage mortgage loans.
Read More »The Multifamily Building Surge: Which Cities Lead the Charge?
With single-family inventories struggling to keep up, here are the ZIP codes where multifamily inventories are spiking to try to meet housing demands.
Read More »Home Values Hit All-Time Highs in Q3
Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report. With the U.S. median home price hitting another record in Q3, profit margins on typical home sales increased to nearly 60% nationwide.
Read More »Biden Administration Invests in Climate Resilience Upgrades for Low-Income Households
HUD Secretary Marcia L. Fudge said, “The Green and Resilient Retrofit Program continues to improve our nation’s climate resilience by making sure low-income families and individuals have access to affordable housing that is strong, healthy, and energy efficient.” Click through to learn more.
Read More »Rent-Burdened Households Reach Their Highest Level in More Than a Decade
The share of renters who are cost-burdened has risen to the highest level since 2012, according to a new survey from Apartment List. Here’s how many households were rent burdened in America in 2022 per U.S. Census data.
Read More »Who’s Bearing the Brunt of Rent Increases?
While annual single-family rent growth slowed in August, marking the 16th consecutive month of declines, a new report from CoreLogic revealed that rents have increased by 30% nationwide since February 2020. Click through to see how the numbers break down.
Read More »Fannie Mae: Long-Term Interest Rates Projected to Impact Economy
New commentary from Fannie Mae revealed the ESR Group is warning that while rates are moving rapidly again, they are expected to weigh on consumption and business investments over time. Experts now project a significant slowing trend in economic growth through the end of the year and into 2024.
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