A new study concludes that many U.S. homeowners ditched independent living during the early stages of the pandemic.
Read More »Q2 Experiences Steep Home Price Hikes
ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...
Read More »Median Home Payment Numbers Stabilize in June
Homebuyer affordability numbers seem to have stabilized in June, with the national median payment that loan applicants applied for fell by $4 from $1,897 in May to $1,893 ...
Read More »Senior Housing Wealth Gains $520B in Q1
Senior homeowners, defined as those aged over 62-years-old, saw their housing wealth grow by an average of 4.91%, roughly equating $520 billion, during the first quarter of 2022 ...
Read More »Mortgage Rates Fall Ahead of Fed Rate Hike
In anticipation of another rate hike by the Federal Reserve, mortgage rates retreated downward this week, as purchase demand continued to fall, as the prospect of a recession continues to loom.
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 »Pending Home Sales Decline Nearly 9% From May
As escalating mortgage rates and housing prices impacted potential buyers, pending sales retreated in all four major regions, with the West experiencing the largest monthly decline.
Read More »New Treasury Department Measure Seeks to Boost Affordable Housing Supply
The U.S. Department of the Treasury has provided new guidance to increase investments in housing by utilizing American Rescue Plan funds to boost the nation’s supply of affordable options.
Read More »Mortgage App Volume Dips for Fourth Consecutive Week
The MBA reports that overall application volume is down yet again, with lingering economic uncertainty and affordability issues keeping prospective buyers on the sidelines.
Read More »Where Would a Recession Be Felt First?
It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas ...
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