While nominal house prices in July were 35% higher than at the housing boom peak for prices in 2006, house-buying power remains nearly 38% below its 2006 housing boom peak.
Read More »What to Expect When Foreign Investors Resume Purchasing
As COVID-mandated travel restrictions begin to loosen, foreign investors may flee the coasts and begin exploring single-family homes inland.
Read More »Complaints About Loan Originations Rise by Nearly 50%
A new analysis by the CFPB has found that complaints from wealthier communities were more frequently about loan origination and performing servicing over the course of 2020.
Read More »Candor Names Tom Booker Chief Strategy Officer
Former CoreLogic, Fannie Mae, and IBM leader to head strategic initiatives to accelerate the firm’s market growth and industry innovation.
Read More »$2.3 Billion-Plus Allocated in Emergency Rental Assistance
With more than 420,000 households having received Emergency Rental Assistance in August, program grantees have distributed approximately $7.7 billion since January to support housing stability nationwide.
Read More »Price Runup Causes Home Affordability to Slip Again
Stagnant wages and rising valuations lead to less affordable homes for most of the U.S.
Read More »The Week Ahead: Did Home Sales Finish Strong in Q3?
This week, NAR releases its pending home sales report for August, gauging how Q3 2021 concluded in a red-hot year for the housing market.
Read More »Homeowners Have Gained $2.9 Trillion in Equity
Data analyzed by CoreLogic has found the share of homes in negative equity fell to 2.3% in the second quarter of 2021 the lowest share in at least 12 years.
Read More »Industry Concerned Over Rise in Turn Times
A new survey of industry execs by WFG has found that lengthy turnaround times on real estate transactions topped the list of most pressing operational concerns.
Read More »Pete Lunetto Named SVP of Credit for Interfirst
Thirty-year industry veteran to oversee credit and underwriting activities for both the company’s wholesale and retail channels in newly created role.
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