HUD and Terner Labs at UC Berkeley will bring together leadership in the public sector, housing experts, researchers, technologists, entrepreneurs, practitioners, and others to explore advances at the forefront of the housing industry.
Read More »‘Living the Good Life’ is Subjective, but Usually Includes Owning a Home
A new Fannie Mae Perspectives Blog surveyed a wide range of individuals on what “living the good life” means, as 86% of respondents cite homeownership as one of the key factors in their overall happiness.
Read More »Home Price Growth Surges as Homebuyers Outnumber Sellers
While elevated mortgage rates continue to deter many home sellers from listing, an increase in homebuying competition is fueling a rise in home prices. According to a new market report from Zillow, typical U.S. home values grew by 1.4% from April to May, marking the strongest monthly appreciation since June 2022.
Read More »Report: Housing Market Still Short on Middle-Income Housing
The NAR says the market needs an additional 320,000 new home listings valued at no more than $256,000 so that borrowers earning below $75,000 can get into the market.
Read More »Typical Asking Rents Experience Largest Drop Since 2020
In May, nationwide rents posted their largest decline since 2020 as the median asking rent rose 1.4% from a month earlier, according to a new report from Redfin.
Read More »Q1 Home Equity Takes a Dip YoY
First quarter home equity decreased by 0.7% year-over-year, the first such decline since early 2012. Click through for more.
Read More »New Listings Reach Lowest Level of Any Early June on Record
The overall lack of new listings nationwide has pushed the total number of homes on the market down 5% year-over-year, reaching their lowest level of any early June on record, according to a new housing market update from Redfin.
Read More »Ginnie Mae’s MBS Portfolio Hits $2.4T in May
May’s mortgage-backed securities issuance supports the financing of more than 113,000 U.S. households, including more than 55,000 first-time homebuyers.
Read More »Consumers Report: Good Time to Sell, Bad Time to Buy
According to a newly released survey by Fannie Mae, affordability constraints have consumers increasingly convinced that it is a seller’s market, while high prices leave buyers with a bleak outlook.
Read More »All-Cash Home Purchases Hit Highest Level Since 2014
In April, all-cash home purchases reached their highest level in nearly a decade. A new report from Redfin reveals elevated mortgage rates driving down overall home sales more than all-cash sales.
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