New data from Redfin's latest market report showed that homebuyers’ down payments doubled during the pandemic, and despite September revealing a slight decline from their peak in June, competition and increasing home prices continue to make it difficult for prospective buyers to afford homes.
Read More »Home Prices More Concerning Than a Potential Recession?
Despite ongoing discussion of impending recession, a new survey found that Americans’ concerns are more focused on housing costs, with home prices up 14% year-over-year.
Read More »Report Details the Best Time to Buy a Home
October and the winter months provide buyers the best discounts, according to a new report from ATTOM.
Read More »After Giant Leap, Mortgage Rates Cool Slightly
On the heels of the Fed’s rate hike, mortgage rates edged near the 7% mark last week but trended back downward this week amid ongoing economic uncertainty.
Read More »Sharp Decrease in Demand Driving Housing Market Cooldown
While declining demand led to a nearly 20% decrease in new listing volumes in September, the volume of price drops is up 83.2% compared to the same time last year. Click through to learn more from HouseCanary's latest Market Pulse report.
Read More »Fidelity National Financial Appoints Ray Marine, Don Dubois to Western Ops Co-presidents
"We are extremely fortunate to have such a strong legacy of leadership within our companies and exceptional individuals that we can call upon to lead our title operations for years to come," said Mike Nolan, CEO of Fidelity National Financial.
Read More »HUD Assesses the State of Small Mortgage Lending
New research from HUD reveals the policy implications regarding small-dollar mortgages, which comprised less than 3.5% of overall home purchase originations in 2020.
Read More »Purchase Mortgage Apps Fall 37% YoY
Mortgage rates continue to trend upward, with more buyers retreating from the marketplace, as the MBA reported a 14.2% weekly decline in overall app volume.
Read More »Low-Income Homeowners Face Significant Challenges After A Disaster
Disasters have been making headlines recently after a pair of hurricanes—Fiona and Ian—caused damage in the territory of Puerto Rico and from Florida up the East Coast, but ...
Read More »Increased Cost of Homeownership Dampening Buyer Demand
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest ...
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