Disasters have been making headlines recently after a pair of hurricanes—Fiona and Ian—caused damage in the territory of Puerto Rico and from Florida up the East Coast, but as federal aid begins to flow to disaster victims, is now the ...
Read More »Home Price Gains Slow Again in August
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due ...
Read More »Op-Ed: ‘Inclusive and Accessible’ Homeownership for Everyone
Representatives Jim Himes (D-Conn.) and Gwen Moore (D-Wisc.) recently penned an open letter for Newsweek on how to make home ownership “inclusive and accessible for every American.” Himes, as the Chairman of the House Select Committee on Economic Disparity and ...
Read More »New Study Finds Majority of U.S. Markets Favor Sellers
The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month's Knock Buyer-Seller Market Index, sellers have the upper hand remaining in most markets throughout the U.S. ...
Read More »Hurricane Ian’s Potential Housing Impact
Despite being downgraded to a tropical storm while passing over Florida, Ian has intensified into a hurricane again as of press time, barreling towards the coast of South Carolina. Here’s what CoreLogic experts previously projected regarding potential reconstruction cost values of all homes impacted by Ian’s destructive path.
Read More »Slip in Home Prices May Provide Housing Market Relief
ATTOM has released its Q3 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in Q3 of 2022 compared to historical averages in 99% of counties across the nation with enough data to analyze. ...
Read More »Economist: 2023 Will Bring a ‘Significant Shift in Power’
“Those still able to afford homeownership are quickly regaining lost leverage, but this shift to a more balanced market is still in its early stages," said Nicole Bachaud, Senior Economist at Zillow.
Read More »Markets Considered Overvalued Increasing as Mortgage Rates Rise
First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the July 2022 First American Real House Price Index (RHPI). The RHPI measures ...
Read More »Pending Home Sales Numbers Continue Recent Slide
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in August, the third month in a row and the ninth time it has fallen this year. In addition, three out of the four major regions in the ...
Read More »Snapshot: How GSE Programs Have Helped Homeowners Since 2008
The FHFA’s latest 2022 Foreclosure Prevention and Refinance Report breaks down Agency data ranging from foreclosures and REOs to forbearance and mortgage performance.
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