Bank of America announced its Community Affordable Loan Solution, as a new Special Purpose Credit Program that introduces zero down payment, zero closing cost mortgage solution for first-time ...
Read More »Housing Inventory Climbs for Third Consecutive Month
Realtor.com reports that the inventory of for-sale homes increased across the 50 largest metros by 41% in July.
Read More »Cap Rates Expected to Rise as Asset Growth Slows
The gap between the actual cap rate and the potential rate rose 0.4 percentage points since Q4 2021. Here's what else new data from First American reveals.
Read More »Pandemic Shrank U.S. Household Count by More Than 2M
A new study concludes that many U.S. homeowners ditched independent living during the early stages of the pandemic.
Read More »Number of Renters in Live-Work-Play Units Quadruples Over Past Decade
Manhattan is home to the highest share of units that combine residential and office and retail space in the nation, home to nearly 90,000 units.
Read More »Lower-Income Households Forgoing Home Repairs
A study by the Joint Center for Housing Studies of Harvard University revealed that many cities offer repair assistance programs, but may be hampered by insufficient budgets.
Read More »Survey: Black Homeowners Feel Race Factored Into Appraisal Values
More than 30% of African-Americans polled in a new study believe that home values came in lower than expected.
Read More »Renters Resorting to Irregular Sources of Income
Data from Harvard and the U.S. Census Bureau found 17% of renters were behind on their rent from August 2020 to March 2021.
Read More »Insuring Expensive Homes Getting More Expensive
A new report has found that homeowners in South Carolina are paying the most for homeowners insurance with a policy of at least $500,000.
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