The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May rising 15% year-over-year to a record high of $2,002—according to ...
Read More »Mortgage Purchase Activity ‘Hamstrung’ by Market Forces
Ongoing affordability challenges and low inventory are pushing mortgage application volume back down, after a near-month-long stretch of trending upward, according to the MBA.
Read More »Nationwide, Housing Now Less Affordable Than Since Mid-1980s
Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, looking at recent cooling of annual rate of home price appreciation and ...
Read More »Experts: Housing Market Is Weakening But Not Crashing
As Americans continue to be confused by the storm of seemingly contradictory news, data, and forecasts on the housing market’s future, consumers are still witnessing record monthly price ...
Read More »Not Even Rising Rates Can Curtail Industry Innovation
In a recent blog post, Paul Hurst of First American explains that, despite record-high mortgage rates, mortgage industry innovation and investment will continue to advance and increase.
Read More »Home Price Appreciation Projected to Slow by May 2023
New research from CoreLogic revealed year-over-year home price growth dropped slightly from April but still posted an estimated 20% increase in May. Meanwhile, experts project annual U.S. home price appreciation to slow next year, but by how much?
Read More »When Court Decisions Trickle Down to Housing Choices
In the aftermath of the recent Supreme Court decision rolling back Roe v. Wade, Redfin conducted a survey to gauge how the ruling’s aftermath could impact housing migration patterns.
Read More »Home Prices Back Away From All-Time High
Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in ...
Read More »Overcoming the Barriers to Homeownership
A recent House Financial Services Committee hearing discussed the benefits of the $150 billion Build Back Better Act, and the measure’s efforts to expand housing for all nationwide.
Read More »Rising Rates Make Homeownership Unaffordable in Most of U.S.
ATTOM has released its Q2 2022 U.S. Home Affordability Report, showing that median-priced single-family homes and condos are less affordable in Q2 of 2022 compared to historical averages ...
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