As mortgage rates creep toward the 7%-mark, buyers still in the market are being forced to downgrade their options for a larger home, cutting more than 400-square feet out of the homes on the market.
Read More »Wells Fargo Contributes $1M in Hurricane Relief for Florida
Wells Fargo has announced their donation of $1 million from the Wells Fargo Foundation to aid four statewide organizations providing urgent relief in Florida following the aftermath of ...
Read More »Congressional Reps Discuss Equitable Access to Housing and Financing
Representatives Jim Himes (D-Conn.) and Gwen Moore (D-Wisc.) recently penned an open letter for Newsweek on how to make home ownership “inclusive and accessible for every American.” Himes, ...
Read More »Sellers’ Market Remains Firm, Leaving Buyers More Options
The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month's Knock Buyer-Seller Market Index, ...
Read More »Rent Growth Moderates for Third Consecutive Month
Rent growth is likely to keep slowing as rising interest rates continue to cool the economy, as asking rents climbed to a record high in August, while rent ...
Read More »Housing Inventory Holds Steady, Yet 600,000 Units Short
After posting gains this summer, for-sale inventory levels stalled in August growing at a fraction of the rate seen in recent months as sellers are more frequently choosing ...
Read More »The Week Ahead: Examining the Pandemic’s Impact on Elderly Homeowners
An upcoming Harvard Joint Center for Housing Studies webinar will feature a panel of experts shedding light on how to improve housing and support for older adults in a post-COVID world.
Read More »Average Homebuyer’s Mortgage Payment Up 15% Since August
The typical homebuyer’s monthly mortgage payment has climbed $337 —or 15%— over the past six weeks to a new high of $2,547, according to a new report from ...
Read More »ALTA Reports Slip in Title Premium Volume During Q2
The title insurance industry generated an overall $6.21 billion in title insurance premiums during the second quarter of 2022 compared to $6.54 billion during the same period a year ago, according ...
Read More »HUD and Census Bureau Unveil Latest American Housing Survey
The American Housing Survey covers a wide range of housing topics, offering insight into the composition and quality of the nation's housing stock, rents, mortgages, and other housing costs. HUD and the Census Bureau discuss further details here.
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