According to Redfin, overall homebuying slowed in 2023 because it was the least affordable year on record and there was a severe supply shortage.
Read More »Momentum Returning to Homebuying Market?
Increased home listings and declining mortgage rates are breathing early signs of life into the homebuying market according to a new analysis from Redfin.
Read More »Pending Home Sales Level Off in November
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 »Q2 Mortgage Trends Report Finds Declining Critical Defect Rate
For the third consecutive quarter, mortgage critical defect rates declined, as ACES Quality Management notes lenders should focus on the deteriorating quality in the core underwriting categories in the coming months.
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 »Property Managers Urged to Adopt Digital Payment Solutions
A new poll has found that renters prefer their property managers utilize electronic methods of payment, as nearly 80% of renters polled preferred digital payment options when receiving a security deposit refund from a landlord or property management company.
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 »Report: Home Insurance Concerns on the Rise
A new analysis from Matic has found that continued challenges may lie ahead in the home insurance landscape in 2024, as record premiums and increased deductibles continue to impact mortgage lenders.
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