While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.
Read More »Black Homeowners Experience the Smallest Wealth Gains Nationwide
Although Black homeowners experienced the smallest wealth gains among any other racial or ethnic group, homeowners were able to accumulate over $115,000 in wealth in the last decade, according to a new report from the National Association of Realtors.
Read More »NAR Report Finds Fintech Apps Most Impactful Realtor Tools
The latest NAR Tech Survey revealed eSignature, Lockbox, and MLS apps/technology to be the three most effective technology tools for Realtors’ businesses, as nearly half of Realtors believe the metaverse will have a significant impact on real estate.
Read More »$75 Billion in Flood Damages Linked to Climate Shifts
“The fact that extreme precipitation has been increasing and will likely increase in the future is well known, but what effect that has had on financial damages has been uncertain,” said one researcher.
Read More »Sam Khater Joins Freddie Mac as Chief Economist
Khater will lead a team of researchers in providing insights and analysis on economic trends and policies affecting Freddie Mac and the housing market.
Read More »CFPB to Host First-Ever Research Conference May 7-8
"The goal of conference is to connect the core community of researchers and policymakers with the best research being conducted across the wide range of disciplines and approaches that can inform the topic of consumer finance," CFPB said on the conference website. "We hope that the conference is attended by a diverse audience from academia, government agencies, nonprofit agencies, and industry."
Read More »Report: Publishing Complaint Narratives Creates Unnecessary Risks
The Consumer Financial Protection Bureau recently proposed an expansion of its consumer complaint database that would include publicly publishing full narratives of consumers' complaints against financial institutions.
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