Tag Archives: Affordable Housing

Michael J. DeVito will move on from the role of CEO in the first quarter of 2024, as the GSE is set to begin its search for a successor to the position.

While mortgage-purchase applications fell to a 28-year low in August, the median U.S. home-sale price is up nearly 5% year-over-year. Due to a severe lack of inventory, high housing costs continue to dampen homebuying demand, according to a new report from Redfin.

Home price declines are causing Americans to lose money when selling their homes, according to a new report from Redfin, which showed that the typical homeowner in San Francisco who took a loss while selling sold their home for roughly $100,000 less than they bought it for.

Twenty-two awards, totaling approximately $128 million, have been awarded by HUD to Tribal communities nationwide for the construction of new housing units and increase affordable options for low-income Native American families.

The U.S. Department of Housing and Urban Development announced a 12% increase in Fair Market Rents across the U.S., in addition to making $113 million available in Housing Choice Vouchers to public housing agencies to help families meet rising housing costs.

ATTOM's latest Residential Property Mortgage Origination Report showed purchase lending led the way in Q2, spiking nearly 30%, while overall refinance and home equity activity also rose after eight straight quarterly declines.

A new report from the National Association of Realtors revealed contract signings rose in July, as pending home sales also increased for the second month in a row, according to NAR's latest Pending Home Sales Index.

Five Texas metros topped the top 10 list of best places to purchase a home, according to a new study from WalletHub, which examined the strongest local real-estate markets throughout the U.S.

Annual single-family rent growth eased for the 14th consecutive month in June, according to a new report from CoreLogic, remaining near the pre-pandemic growth rate, while growth for attached homes is projected to continue to exceed their detached counterparts.

The Hottest ZIP Codes of 2023 report from Realtor.com showed that homebuyers are seeking areas with larger homes and closer proximities to work, with many Americans flocking to areas that are more affordable relative to the rest of the country and less expensive than their nearby metro areas.