According to Redfin's latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war rate since the beginning of the pandemic when the housing market nearly ...
Read More »Studio Apartment Prices Lead Rent Charge
As prices on everything increase across the board, more and more are turning to renting—either by circumstance or by choice. Renting has traditionally been the cheaper option for those looking for housing, but as housing prices started their charge upwards ...
Read More »Florida Tops Rankings of Best States in Which to Retire
Retirement often brings a slower pace of life, and choosing where to settle down can be a great decision. For this study, Bankrate considered some of soon-to-be retirees and retired homeowners preferences in choosing which region to live, having concluded ...
Read More »Q2 Mortgage App Fraud Slips
CoreLogic reports second quarter fraud risk is down from the previous quarter, and Q2 2021; however, an analysis of monthly data shows this trend is reversing, and fraud risk is anticipated to increase in the coming months.
Read More »Home Prices Outpacing Inflation
The average price per square foot of a home hit a new record in July as a new study revealed that these prices have increased 310% since 1980. According to Home Bay, a California-based real estate brokerage, the increase in the ...
Read More »A Housing Market ‘Grappling With a Mounting Affordability Crisis’
CoreLogic S&P Case-Shiller Index reports higher mortgage rates and recessionary concerns are taking a toll on buyer demand, as growth eased slightly in May from the pace of the prior two months.
Read More »Addressing Housing Instability Via Vouchers and GSE Reform
Industry experts took to Capitol Hill to discuss the state of the housing market and share their insights about how to create equitable housing opportunities for all, nationwide.
Read More »Fannie Mae Revises Housing Outlook, Adjusts Recessionary Predictions
The confluence of market forces that are currently weighing on the market is shaking up long-term forecasts. Here’s why Fannie Mae Chief Economist Doug Duncan thinks “it’s unlikely the economy will avoid a modest recession.”
Read More »Cost of Homes Adjusting to a New Market Equilibrium
Prospective buyers thwarted by record-high prices and inflationary issues may find relief in the coming weeks as Realtor.com notes softening demand and rising supply may give way to more buying opportunities.
Read More »Foreclosure Starts Up in First Half of 2022
ATTOM reports foreclosure activity creeping up over the first six months of the year, rising 153% year-over-year, but down just 1% from pre-pandemic times of just two years ago.
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