News

“The steep annual decline in market potential was largely a result of higher mortgage rates, which prevent both buyers and sellers from jumping into the market,” said Mark Fleming, Chief Economist for First American Financial Corporation.

For the third consecutive month, the nation’s forbearance rate has remained relatively flat, with new forbearance requests and re-entries being reported at nearly the same pace as exits.

The amount consumers are set to spend on home renovations or repairs is set to slide for the first time in a few years. Click through for more.

"There are economic signals pointing to recession but also signs that a 'soft landing' may be in the offing," said Doug Duncan, SVP and Chief Economist, Fannie Mae.

With 80% of millennial homebuyers in debt, a new study from Real Estate Witch revealed more than 90% cited inflation as impacting their homebuying plans, as many remain unable to afford downpayments and mortgage payments.

Travis McGee of ECI Software Solutions details why tech-savvy technicians are critical when it comes to prepping foreclosed homes.

A new report from the National Association of Realtors revealed home sales waned nearly 2% from November and 34% from one year ago, while the median existing-home sales price climbed 2.3% from the previous year.

The rule expands upon HUD’s previous policy, implementing opportunities for transparency and accountability while bolstering economic equity for American families.

Fannie Mae and Freddie Mac have changed their upfront fee structure to strengthen their safety and soundness by enhancing their ability to improve their capital position over time.

CoreLogic estimates that hail, straight-line winds, and tornadoes from a January 12 tornado outbreak inflicted an estimated $4.5 billion worth of damage to homes in the Southeastern portion of the nation.