Market Studies

New research from FHLBank San Francisco and the Urban Institute investigates ways to reduce mortgage default risk for vulnerable homeowners by utilizing mortgage reserve accounts that could help homeowners overcome temporary hardships, which would benefit Black families, who are more than twice as likely as white families to lose their home to foreclosure.

According to a new study from Home Bay, it is cheaper to rent than purchase a home in 45 of the 50 most populous U.S. cities, with San Jose, California, ranked the most expensive city for buying a home, whereas Pittsburgh was named the most affordable.

Midwestern and Eastern regions of the nation boasting thriving economies and diverse industries are luring in more individuals and families looking to establish roots, according to Veros’ analysis of Q2 homebuyers.

While the nation’s housing marketplace continues to experience instability, a new report from Point2 has found stability in the price, demand, sale, and inventory levels in luxury properties through the first half of 2023.

The latest Environmental, Social, and Governance Report from the GSE finds that racial or ethnic minorities comprised 58% of Fannie Mae’s workforce in 2022, with women comprising 44% of that group.

Overall mortgage performance was on the upswing in the first quarter of 2023, as the OCC reported banks serviced approximately 12 million first-lien residential mortgage loans with $2.7 trillion in unpaid principal balances—representing 22% of all residential mortgage debt outstanding nationwide.

As the total number of homes for sale declined 11% from a year earlier, a new report from Redfin revealed the typical U.S. home is now selling for an estimated $4,000 less than last year’s all-time high, while new listings fell nearly 30% from 2022.

Most service members, while realistic about challenges they may face in the current housing landscape, feel a home purchase is ‘within reach’ according to a new survey from Veterans United Home Loans.

The Federal Financial Institutions Examination Council (FFIEC) announced that data from 4,460 U.S. financial institutions on the state of 2022 mortgage lending activity as reported by the Home Mortgage Disclosure Act (HDMA) is now available to view.

"Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing," said NAR Chief Economist Lawrence Yun. "The lack of housing inventory continues to prevent housing demand from being fully realized."