New commentary from DBRS Morningstar highlights how the company looks at banks’ management of climate-related risks—in particular, from a credit perspective.
Read More »2024’s Top 10 Issues Affecting Real Estate
Headwinds such as the adoption of AI, global economic and political health, and the impact of remote work and vacant office spaces top a new study of the primary issues affecting real estate.
Read More »Potential Homebuyers Enlist Family to Help Curb Housing Affordability Costs
A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.
Read More »Trade Groups Call Upon Fed to Curb Rate Hikes
The MBA, NAR, and NAHB have sent a letter to the Board of Governors of the Federal Reserve about the industry’s concerns over negative market impacts stemming from the Fed’s monetary policy actions.
Read More »Tectonic Shifts in Industry Demographics Are Coming
According to a new First American Financial Company blog post, millennials are poised to surpass boomers as the largest generation and will be the major purchasers of their homes. Here’s what that will mean for the industry.
Read More »Consumer Housing Sentiment Further Dampened by Elevated Mortgage Rates
Consumers nationwide are citing elevated mortgage rates rather than home prices as their primary challenge in reaching affordability, as rates above 7% continue to dampen the overall housing market sentiment, according to Fannie Mae's latest Home Purchase Sentiment Index.
Read More »Is Operational Efficiency the Key to AI Adoption?
A variety of lenders were surveyed for a new Fannie Mae study, which found that lenders cited operational efficiency as the primary motivation for AI and machine learning adoption.
Read More »How COVID-19 Reshaped the U.S. Housing Market
The long-term impact of COVID-19 and the growing trend of remote work still impact the market today. A new study from Bright MLS revealed how low mortgage rates and increased savings fueled housing demand, causing a home price surge across the U.S.
Read More »Inventory Crunch Improves, Yet Still Remains Major Housing Hurdle
While home prices rose annually, a surprising uptick in price-reduced homes from August to September reflects last year's trend and offers some relief amid ongoing affordability concerns.
Read More »Growing Multifamily Supply Contributes to Easing of Nationwide Rental Costs
Nationwide, Redfin found that asking rents rose just 0.4% year-over-year to an average of $2,011 in September, as an increasing supply in recent years has flooded the market with inventory.
Read More »