Record high home prices pushed up by record low levels has been a persistent problem over the past year or so and relief seems farfetched in the short term. To combat this, the Biden-Harris Administration has announced a plan to ...
Read More »FHFA Unveils Duty to Serve Details for GSEs
New program commits to serving manufactured housing markets, as data shows residents of owner-occupied manufactured housing tend to have lower incomes than owners of site-built homes.
Read More »Another Strong Year Ahead?
First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted annualized rate (SAAR) — a 3.2% month-over-month decrease. The market potential for ...
Read More »Largest Share of Buyers Purchased Homes in Suburbs, Rural Areas
The share of millennial home buyers increased significantly over the past year, according to the latest study from the National Association of Realtors 2022 Home Buyer and Seller Generational Trends report. The NAR report found that the combined share of ...
Read More »Surge in Home Values Found in Family-Friendly Metros
Home values in ZIP codes with a higher share of children are growing faster than homes elsewhere due to demand from millennials.
Read More »What 2022 Holds for the Forbearance and Foreclosure Landscape
In a recent DS News-hosted webinar, housing experts discuss delinquency, strategies around exiting forbearance, and the projected status of the housing market for 2022.
Read More »Home Values Appreciate 19.2% YoY in October
A seasonal slowdown in purchase activity has not dampened home values, as the limited supply remains priced at a premium.
Read More »Record Low Inventory Drives Down October Home Sales
In a month where housing supply dropped 12.7% nationally, the 1.3 months’ supply of homes recorded in October tied for second-lowest in history.
Read More »Second-Home, Investment Property Demand Jumps in September
Bouncing back after a summer slowdown, the demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July's 40% increase, but still below March's record growth.
Read More »Supply Shortage to ‘Hold Strong in the Short Term’
While the near future looks grim for housing inventory, a new report reveals positive developments on the supply side for the first time since the pandemic began.
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