As the nationwide housing shortage continues, an analysis of data from New Western has found that 80% of surveyed investors are selling homes at or above the asking price after renovating the properties.
Read More »Seeking Balance in Housing Affordability and Climate Change
A new report focusing on the state of Massachusetts has found that the Commonwealth must take measures to curb its housing affordability crisis, while simultaneously counteracting climate change, to create eco-friendly homes without pricing out the next generation of homebuyers.
Read More »FHA Announces Required Use of Supplemental Consumer Information Form
The Supplemental Consumer Information Form is used during the mortgage application process, allowing borrowers to voluntarily identify language preferences and provide information on housing counseling and homeownership education they may have received.
Read More »Case-Shiller Index Increases Nationally by 1.5% Over March 2023
On a year-over-year basis, the Case-Shiller Index, regarded as a leading indicator of U.S. home prices, reported a 0.3% annual decrease in April, down from a gain of 0.7% in March 2023. Click through for more on the index and expert insights on the results of this month’s index.
Read More »Share of Million-Dollar Homes Rising
While relatively uncommon in most of the U.S., the share of million-dollar homes is growing at a moderate pace. A new analysis from LendingTree reveals which metros have the highest share of million-dollar properties.
Read More »The Ripple Effect of New Data Collection Rules
A recent webinar discussed implementation of Section 1071 of the Dodd-Frank Act, a measure requiring financial institutions to collect and report data on small business loans, and how the industry is prepping for this new rule.
Read More »Home Prices Propped up by Lack of Inventory
“Housing's performance is a testimony to the strength of demographic-related demand in the face of baby boomers aging in place and Gen-Xers locking in historically low rates,” noted Doug Duncan, SVP and Chief Economist for Fannie Mae.
Read More »Rents in Western Metros Cooling Faster Than Other Regions
The median rent in the West remains 3% lower than a year ago and is projected to decline further, while rents in Midwest markets continue to see faster growth due to greater affordability, according to Realtor.com's May 2023 Rental Report.
Read More »Potential Home Savings Driving More Californians to Texas
An estimated 300 people a day moved from California to Texas in 2021, and the popular migration route is becoming even more crowded, according to a new analysis from StorageCafe.
Read More »HUD Establishes Independent Office of Manufactured Housing
HUD’s new office will administer the Department’s Manufactured Home Construction and Safety Standards, a code that establishes standards for the design and construction of manufactured homes to assure quality, durability, safety, and affordability.
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