According to Redfin, the typical starter home sold for an eye-watering record of $243,000 in June 2023, up 2.1% year-over-year and up 45% from before the pandemic.

The mortgage rate tipping point—the rate that will allow homeowners to move—has advanced above 5%, with a Zillow report finding those above this rate are nearly twice as likely to plan to sell their home than those with a rate below 5%.

According to Redfin, nearly half of U.S. residents who moved in the last year believe the frequency of weather events will likely impact home values in their area within the next 10 years.

ormer CFPB Senior Counsel Colgate Selden partners with Alan Lindeke to bring a combined 40-plus years of senior legal, risk, compliance, and executive leadership roles to new law firm.

NAR reports that pending home sales nationwide rose in June, increasing in the Northeast and Midwest, while the South and West reported declines for the month.

New webpage provides details on Ginnie Mae’s Environmental, Social, and Governance (ESG) strategy, with a focus on the environmental and social impacts its MBS program offers to investors.

The OCC, Treasury Department, Federal Reserve, and FDIC have jointly issued a proposal to modify large bank capital requirements to better reflect underlying risks, and increase the consistency of how banks measure their risks.

In a study on Q2 migration nationwide, Redfin reports the typical Las Vegas home costs less than half as much as one in Los Angeles, San Francisco, or Seattle.

More commentary has come through focusing on the real estate market along with news that the Fed is no longer predicting a recession in the near future.

Half of all homeowners paying mortgages are equity-rich, according to ATTOM's 2023 U.S. Home Equity & Underwater Report, while the share of seriously underwater mortgages also improved, resting at 2.8%.