With home equity at all-time highs, now estimated to be some $28.7 trillion of it, you will not get the same size home equity loan everywhere. Here’s where you will get the biggest bang for your buck.
Read More »Nearly Seven Million Americans Live in ‘Physically Deficient’ Homes
Research from the Harvard Joint Center for Housing Studies suggests that local governments can contribute to assistance in funding home improvements as part of the response to the nationwide housing shortage.
Read More »August Data: Home Prices Up After Two Months of Decline
In August, active inventory shrank compared to last year (-7.9%), despite an unusual increase from July in newly listed homes, signaling a potential return of seller activity heading into fall.
Read More »How Home Investor Trends Are Weathering High Rates
According to a new report from Redfin, investor home purchases fell significantly during Q2 2023. Click through to learn what factors are in play.
Read More »Expanded Remote-Work Opportunities Could Help Offset Affordability Crisis
Separating where someone lives from where that person works could open up access to affordable housing that only requires an internet connection, not a commute.
Read More »Danya Sawyer Named Interim CEO of Altisource Asset Management
Altisource Asset Management has announced the departure of CEO Jason A. Kopcak, to be replaced on an interim basis during the restructuring of its lending operations by former COO of Altisource’s Alternative Lending Group, Danya Sawyer.
Read More »Pending Home Sales Up in July
While pending home sales rose a meaningful 0.7% in July, overall, this number is only marginally better than its low point hit in March earlier this year.
Read More »HUD Awards $140M for Disaster Recovery in California, Alabama, and Georgia
To assist victims in federal disaster areas, HUD Secretary Marcia L. Fudge has allocated funds to help communities recover and build resilience after a series of natural disasters in early 2023.
Read More »Housing Market Potential Down 2% YoY
A new Housing Perspectives Blog post by Mark Fleming, the Chief Economist for First American Financial Corporation and the lead of First American’s Decision Sciences Team, focused on housing market potential and the lock-in effect.
Read More »How Much Purchasing Power Have Homebuyers Lost YoY?
Mortgage rates hovering around the 7% mark are cutting into buyers’ budgets, according to a new report from Redfin. It found that a buyer on a $3,000 monthly budget can afford a home valued at $429,000, assuming a 7.4% mortgage. But how does this stack up when compared to last year?
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