With costs continuing to rise and buyers increasingly priced out of their local markets, a Redfin report examines how long houses are remaining up for sale before purchase as a result.
Read More »Second-Home Sales Up 200% During Pandemic
While the pandemic caused many people to reassess their living situations as the virus began ravaging the country during the first quarter of 2020, many made hard decisions, some went the complete opposite way by doubling down and purchasing a ...
Read More »Fannie Mae Revises Housing Outlook, Adjusts Recessionary Predictions
The confluence of market forces that are currently weighing on the market is shaking up long-term forecasts. Here’s why Fannie Mae Chief Economist Doug Duncan thinks “it’s unlikely the economy will avoid a modest recession.”
Read More »Five Months of Existing-Home Sales Declines
For the fifth consecutive month, existing-home sales dropped as three of the four major geographic regions of the country experienced month-over-month declines. On a yearly basis, sales sank in all four regions. All-in-all, total existing home sales for June 2022—which ...
Read More »Single-Family Rent Growth Remains at Record High
CoreLogic has released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. CoreLogic did not have much good news to report for the month of May 2022 as single-family rent growth ...
Read More »Ginnie Mae MBS Monthly Issuance Reaches $46B in June
Against the backdrop of one of the toughest housing markets in history, Ginnie Mae helped support affordable homeownership and rental unit development for more than 164,000 households in June.
Read More »Where Can Renters Find the Best Deals?
While homeownership is one of the cornerstones of the American Dream, realistically owning a home is just not in the cards for segments of the population. Renting, either by choice or by circumstance, will be the primary way they house themselves ...
Read More »Fannie Mae: Near-Record Home Price Growth in Q2
Home prices continued to appreciate in the second quarter of 2022, with the average home appreciating at an annual rate of 19%.
Read More »HUD Makes $10.4M Available to Veterans to Rehab Aging Homes
The Secretaries of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) Marcia L. Fudge and Denis McDonough have made a joint announcement about the availability of $10.4 million of new money ...
Read More »Misconceptions That Keep Potential Homeowners Out of the Market
More than 40% of those who have never owned a home, primarily renters, still believe that a 20% down payment is required to own a home.
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