The latest report from Black Knight did not carry good news as the company’s latest monthly Mortgage Monitor Report covering the month of June found that annual home price growth dropped by nearly two percentage points, the greatest single-month slowdown ...
Read More »Fannie Mae: Near-Record Home Price Growth in Q2
Home prices continued to appreciate in the second quarter of 2022, with the average home appreciating at an annual rate of 19%.
Read More »Veros Heavily Revises Appreciation Forecasts
Releasing the second-quarter results of its VeroFORECAST, Veros Real Estate Solutions, an enterprise risk management and collateral valuation service company, predicts that home prices will appreciate on average 4.5% over the next 12 months. This forecasted number, while still showing signs ...
Read More »Affordability and the Impact of Remote Work on Housing Preferences
One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members of all demographics and age groups. The survey was conducted by Fannie ...
Read More »Home Price Decreases Not Expected
In March, the U.S. Federal Reserve increased interest rates by a quarter of a point to address rising inflation and a litany of other economic problems stemming from the COVID-19 pandemic. Among other things, this interest rate increase was expected ...
Read More »Your Home Probably Earned More Than You Did Last Year
There Are 2,080 work hours in a year, assuming a standard 40-hour work week, and depending on your job, your earnings may vary widely. But according to Zillow, if you owned a home last year in a major metropolitan Area, ...
Read More »More Homeowner Households Reaping the Wealth Gains From Homeownership
When it Comes to building wealth, the American single-family home is the gold standard of investments. Not only is a home a place to live, but it is typically the largest investment most people will ever make—and for those that ...
Read More »Forecast: Remote Work Will Continue to Impact Migration Patterns
According to Arch Mortgage Insurance Company (Arch MI), a Greensboro, North Carolina based company offering risk management and financial institutions to mortgage lenders, 2022 was nothing short of an amazing year for the housing market. Home prices rose at an ...
Read More »Is a New Normal on the Horizon?
A “new normal” may be on the horizon after a tumultuous year in 2021 which saw a conflagration of market trends reach new highs, and lows, which have continued into 2022. According to the Economic and Strategic Research Group (ESR) ...
Read More »Property Tax Increases Force Rise in Foreclosure Rates
With home price appreciation on the rise, higher property taxes have pushed foreclosures up in Virginia, Georgia, and New York.
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