Nationwide, the average payment on a new mortgage is now $2,317 a month, according to a report from LendingTree, with monthly mortgage payments the most expensive in Hawaii, California, and Massachusetts.
Read More »Landlords Reveal the Most Burdening Rental Management Activities
A new Zillow survey reveals that roughly 92% of landlords reported that maintaining properties and screening renters are the biggest hassles of property management.
Read More »Lack of New Listings Prevent Home Prices From Declining Further
As homeowners continue to hang onto low mortgage rates, a new report from Redfin reveals new listings fell 22.4% year-over-year in April, while pending sales slid 17% year-over-year.
Read More »Collaboration Between Professor and Students Take on Mortgage Climate Risk
Professor Clifford Rossi called the project "the finest student presentation on a highly technical subject I have ever been involved with."
Read More »Renters Finding Themselves with Less Discretionary Income
Inflation and rising rents are leaving renters little to work with after paying their monthly dues.
Read More »Elevated Housing Costs Driving Homebuyers to More Affordable Areas
While nationwide migration trends remain firm, according to a new report from Redfin, a record one-quarter of home searchers are looking to move to a new metro as high housing costs continue to push homebuyers to more affordable places.
Read More »HUD Awards $15M to Help Seniors Age in Place
“By providing a pathway for more older adults to stay in their homes, we are helping to improve lives and ensuring the opportunity for seniors to age with dignity,” said HUD Secretary Marcia L. Fudge.
Read More »Profit Margins on Typical Home Sales Drop Nationwide to Two-Year Low
As home prices remain flat throughout the country, ATTOM's Q1 2023 U.S. Home Sales Report revealed investment returns declined quarterly by five points, while median home values declined in nearly all markets nationwide.
Read More »Pending Home Sales Decrease for First Time in Five Months
The National Association of Realtors reported that pending home sales fell 5.2%. Click through for more.
Read More »Declining Home Prices, Softening Labor Market May Increase Foreclosures
While nominal house price appreciation slowed in response to affordability-constrained demand, new data revealed falling house prices could cause foreclosures to jump, according to the First American Real House Price Index,
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