“Single-family rent growth has slowed for a full year, and overall gains are approaching pre-pandemic rates,” said Molly Boesel, Principal Economist at CoreLogic.
Read More »Better Together: The Importance of a Diverse and Inclusive Workforce
Experts discuss the importance of D&I strategies in the workforce, in business, and throughout the mortgage industry, highlighting the strategies utilized to promote equity in the U.S. housing system for renters and homeowners nationwide.
Read More »May’s New Residential Construction Numbers ‘Above Consensus Expectations’
The numbers are in from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, and the news is good—at least on a short-term scale.
Read More »Bridging the Racial Homeownership Gap
While racial disparities in homeownership are at their highest level in 50 years, closing the Black-white homeownership gap in the U.S. will take adding nearly five million African American homeowners, according to the U.S. Department of Housing and Urban Development.
Read More »Freddie Mac: If Labor Market Slows, Delinquency Rates Could Rise
“Overall credit performance remains solid for higher credit quality borrowers, but that is in an economy with unemployment rates below 4%,” Freddie Mac said in their report.
Read More »HUD Announces Funding to Support Small Communities
“HUD recognizes that cities are in need of revitalization across the country,” said HUD Secretary Marcia L. Fudge. “We want to support city governments in their efforts to restore economically crucial business districts by providing housing in these areas.”
Read More »Homes Sales Jump Month-Over-Month; Still Down Compared to Last Year
According to the RE/MAX National Housing Report for May 2023, while home sales and new listings rose ahead of typical peak selling months, the lack of U.S. housing supply remains a challenge for many homebuyers.
Read More »Sens. Reintroduce Middle Class Mortgage Insurance Premium Act
The bipartisan measure would cut taxes for middle-class homeowners by restoring and extending an expired tax deduction for home buyers with MI, as well as expanding the number of families eligible for the deduction.
Read More »The Week Ahead: What’s in Store for Housing?
An upcoming webinar will forecast housing values over the next year, given the current market environment, as well as discussing loss mitigation decisioning.
Read More »Housing Inventory Posted its Biggest Decline in More Than a Year
Across the U.S., there are nearly 40% fewer homes for sale compared to pre-pandemic norms, as new listings dropped an overall 23% from last June, according to Redfin’s Homebuyer Demand Index.
Read More »