The latest NAR Report revealed eSignature, Lockbox, and MLS apps/technology as the three most impactful technology tools on Realtors’ businesses, with cybersecurity, 5G, and drones expected to have the biggest impact on real estate in the next two years.
Read More »Fannie Mae: Home Prices, Rents May Stabilize in 2023
While Fannie Mae experts predict prices to moderate in 2023, they note that housing supply issues will persist as inventory remains scarce, with effects felt mostly by low- and moderate-income families. Here are the latest findings.
Read More »Buyer Demand Softens as Homes Linger on Market
Although homes are staying on the market longer compared to last year, numbers are still moving faster than pre-pandemic norms. Meanwhile, homebuyers nationwide are pulling back or halting their home searches due to affordability constraints.
Read More »Mobile Home Values Neck-and-Neck with Single-Family Homes
A new study from LendingTree found that mobile homes are much less expensive than single-family homes, offering homebuyers a cheaper alternative in purchasing. However, data revealed that mobile homes appreciated in value almost as quickly as single-family homes nationwide from 2016 to 2021.
Read More »Pending Home Sales Drop for Fourth Consecutive Month
The latest analysis from the National Association of Realtors revealed pending home sales slipped in September, down 10.2% from August, decreasing in all regions compared to 2021.
Read More »Average Down Payments on Homes Rise Nationwide
According to a new LendingTree study, the average down payment on homes across the 50 largest U.S. metros analyzed has now topped $62,000, an overall 35% increase compared to 2021.
Read More »Homebuyer Affordability Drops Even Further in September
Homebuyer affordability plummeted again in September according to the latest MBA analysis, with scarce supply, affordability constraints, and economic uncertainty continuing to hinder potential homebuyers.
Read More »Slowing House Price Appreciation Expected to Continue
Having slowed from recent peaks, house price appreciation in all top 50 markets analyzed in the latest study from First American revealed the housing market is adjusting to the decline in affordability as the hot pandemic sellers’ market transitions in favor of homebuyers.
Read More »HUD Grants Nearly $84M to Combat Youth Homelessness
The grants to support innovative housing programs in multiple communities nationwide will help in targeting federal resources to meet and support local needs and community-driven efforts to end youth homelessness, improving the process and outcome through more stable housing and services.
Read More »Banner Year for Student Housing
While rent growth begins to decelerate, the latest study from Yardi Matrix found that many universities nationwide are experiencing exceptional growth, as nearly 200 universities with four or more properties analyzed recorded double-digit annual rent growth as of September.
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