News

Governmental agencies issue vouchers to 71 Public Housing Agencies nationwide to help homeless vets and their families find and sustain permanent housing.

"Rents have registered steady declines for the past four months and, while they remain well above pre-pandemic levels, when you factor in the impact of record-high mortgage rates and high home prices, it's understandable that many would-be homebuyers are choosing to remain on the sidelines," said Danielle Hale, Chief Economist at Realtor.com.

Mortgage interest rates have remained stubbornly high in recent weeks, well after the summertime busy season moving into the tamer fall season.

Asset managers and industry stakeholders took part in a forum at the Five Star Conference & Expo in Dallas to discuss shifts in the REO marketplace, and how to overcome hurdles the industry may face in the coming months.

Set to expire September 30, FEMA’s National Flood Insurance Program provides flood insurance to millions of U.S. property owners, renters, and businesses, yet it is in jeopardy of not being reauthorized or amended by Congress.

The Department issues 29 waivers to help communities in Florida hasten rehabilitation and reconstruction from the extensive damage caused by Hurricane Idalia.

While U.S. single-family rents posted 3.1% year-over-year growth in July, representing the 15th consecutive month of deceleration, numbers are still in line with pre-pandemic trends, according to a new report from Redfin.

According to a new survey from Redfin, while nearly 80% of respondents support building more homes, one-third of pro-building respondents remained positive about an apartment complex being built in their neighborhood, while 20% of them were opposed to it.

A snapshot of August’s existing-home sales data revealed that available months of inventory increased to 3.3 while median sales prices topped $407,000.

Property flippers in the second quarter reported an average gross profit of $66,500 according to ATTOM, with the average time it took to flip a home in the quarter rising to 178 days.