According to Verisk, severe hail events occurred 18% more frequently in the first half of 2023 than the prior three years, with eight of the top 10 metro areas reporting the most damage found in the Lone Star State.
Read More »New Home Price Insights for August 2023
CoreLogic’s latest Home Price Index covering the month of August found that numbers are beginning to rebound after hitting an 11-year low earlier this spring.
Read More »Affordability Surpasses Inventory as Top Housing Industry Concern
NAR polled more than 176,000 executives and senior management officials at real estate firms and found that housing affordability has left fewer buyers able to purchase a home due to the rise in prices and interest rates, as many potential sellers remain in place rather than choosing to sell.
Read More »Millions of Homes Sit Vacant Across the Largest U.S. Metros
A new study from LendingTree revealed nearly 5.5 million homes remain vacant nationwide, with many being unoccupied vacation homes, while some homes are still on the market, waiting to be sold or rented.
Read More »Sixteen Percent of Home Purchases Fell Through in August
Home purchases fell through at a rate of 15.7% in August, a number which is up 14.3% year-over-year and the highest number recorded since October 2022.
Read More »SFR Growth Experiences 15th Consecutive Month of Deceleration
Annual U.S. single-family rent growth dropped to a near three-year low in July, falling to 3.1%, according to CoreLogic's latest Single-Family Rent Index.
Read More »Fannie Mae Partners With Pulsenomics on New Home Price Expectations Survey
The GSE, in conjunction with research and consulting firm Pulsenomics, will produce a quarterly poll surveying more than 100 housing experts across the industry and academia to forecast future home price changes.
Read More »Mortgage Monitor Finds Modest Opportunity in Refi Market
Alongside rising interest rates, the average equity withdrawal among cash-out refinances has also risen by nearly 90% from its low in 2020.
Read More »HUD Awards $10.5M+ in Grants to Empower Underserved Hispanic Communities
HUD enhances its commitment to working with the nation’s Hispanic communities to ensure access to affordable, fair, and safe housing and homeownership opportunities nationwide.
Read More »College Towns and Real Estate Investment: Where to Look First
Some towns with four-year colleges that are off the beaten path are ripe for real estate investment as room and board prices soar. Here’s a short list of markets poised to explode.
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