Recent data points to a paucity of housing for low- and moderate-income residents in the hot Bay Area housing market. How is California’s Housing and Community Development Department planning to address this problem?
Read More »Former Housing Secretary Eyes Presidential Run
Former HUD Secretary Julián Castro said in a recent interview that he is considering challenging President Trump in 2020. We look back at some of the initiatives that he spearheaded during his tenure at HUD.
Read More »How are Owners Using Their Home Equity?
Consumers are using their home equity loans in multiple ways, according to a new report on home equity and the HELOC market. But these three reasons stand out.
Read More »Moynihan: “Housing Demand Will Ebb and Flow a Little Differently”
From how housing will be a leading indicator of people’s belief in their wealth, to the changing interest rate environment, Brian Moynihan, Chairman, and CEO, Bank of America gave insights on all things related to housing and mortgage at an event recently. Here’s what he had to say.
Read More »The Housing Choices of Older Americans
As senior-held mortgage debt increases, how are the choices made by older American homeowners likely to impact their home equity and their ability to pay off their mortgage before they retire?
Read More »HUD’s Human Touch
From launching a photo blog that highlights the lives of the people it serves to HUD Secretary Carson visiting areas affected by Hurricane Florence, the agency is reaching out to homeowners across the country.
Read More »Home Maintenance and Hurricanes
A new report reveals a correlation between Hurricane Harvey and the rise of home maintenance and remodeling projects. How did the hurricane impact the market for renovation?
Read More »The Unforeseen Consequences of Dodd-Frank
A decade after the housing market’s collapse, some impacts of the Dodd-Frank Act on the appraisal industry are only beginning to be felt … and not all of them were anticipated. Editor’s Note: This feature originally appeared in the October issue of DS News, out now.
Read More »Former Amazon Economist Joins Redfin Team
Real-estate brokerage Redfin announced that it has appointed Daryl Fairweather as its new Chief Economist. Fairweather comes to Redfin from Amazon, where she served as a senior behavioral economist, leading a team of analysts and economists focused on improving employee performance and engagement.
Read More »Homeowners and Rising Interest Rates
From restricting refinance activity, to managing debt, rising rates are likely to affect the housing market in many ways. Experts weigh in on what homeowners can do to mitigate the challenges of this environment.
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