HUD has planned a number of events throughout the month, including the launch of the Housing Counseling Awareness Campaign and House Party 2.0, highlighting the benefits of housing counseling and efforts to close the racial homeownership gap.
Read More »Real House Prices Increased 3.2% in March
While the Real House Price Index found that home prices, and therefore affordability, decreased across the country, median household income has increased 4.1% since January 2022.
Read More »Investor Home Purchases Fell a Record 49% YoY in Q1
While real estate investors bought up a large number of homes during the pandemic, a new report from Redfin revealed investors purchased 48.6% fewer homes in Q1 of 2023 than a year earlier, outpacing a 41% drop in overall home purchases.
Read More »Survey Examines Recent Homebuyer/Seller Sentiment
A new survey conducted by Clever Real Estate examined homebuyer and seller regrets about their recent experiences, including looks at post-purchase financial struggles and how many of those surveyed view now as a good time to engage with the housing market.
Read More »FHA Proposes New Mortgage Payment Reductions
In order to assist struggling borrowers amid an erratic mortgage rate environment, the FHA has proposed a plan to assist borrowers through temporary reductions to monthly mortgage payments for up to five years.
Read More »Homebuyers Leaving Their Hometowns in Search of Affordability
As many Americans are leaving their hometown in search of more affordable areas, elevated mortgage rates and a shortage of inventory continue to deter U.S. homebuyers, as overall home sales dropped 22% from a year earlier in April.
Read More »Case-Shiller Index: Housing Prices Continue Recovery
The Latest S&P CoreLogic Case-Shiller Index found that the national index posted a 1.3% increase in March 2023 over the previous month.
Read More »Fitch Places GSEs on ‘Rating Watch Negative’
Click through to learn more about what the change means in context, and how it relates to the current debt-ceiling discussions.
Read More »Ginnie Mae Adds New Reporting and Feedback System Data Elements
Implementation of rules changes will increase transparency for Ginnie Mae’s global investors by enhancing data flow with its issuers.
Read More »Study: Where Home Prices Are Rising and Falling Nationwide
Home prices are falling by double digits in popular metros like the Bay Area and rising by double digits in South Florida cities like Miami, according to Redfin.
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