It seems COVID-19 and its economic toll hasn’t managed to crimp the housing industry as home prices parachute unabated and home equity grows, according to a report from ...
Read More »Mortgage Credit Availability Rises as Job Market Improves
Since COVID-19 shocked the American economy, it has slowly shown signs of recovery as American jobs gradually return and mortgage credit availability continues to rise. The increase in ...
Read More »Lending Fraud’s Role in the 2008 Financial Crisis
A new study compiled by a financial researcher at The University of Texas at Austin has determined that mortgage fraud was far more prevalent than previously known during ...
Read More »Home Prices Soar in Car-Dependent Neighborhoods
As many Americans flock to the suburbs searching for more space, the median home-sale price in car-dependent neighborhoods is reaching new heights. According to a Redfin and Walk ...
Read More »After Steady Increase, Homebuying Confidence Shifts
Fannie Mae's Home Purchase Sentiment Index (HPSI) this month reported a 1.7 point decline in home-purchase sentiment following three consecutive months of increases, the researchers said. The HPSI stands at ...
Read More »What Drove Mortgage Industry Gains in the Third Quarter?
The latest Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association (MBA) for this year’s third quarter shows an increase in profits for independent mortgage banks (IMBs) ...
Read More »Homes vs. Rentals: Changes in 2020 Price Trends
COVID-19 has had a massive impact on home prices this year as inventory runs low and demand runs high. Because of this, home prices have increased at a ...
Read More »How Housing Migration May Have Impacted the Presidential Election
Georgia surprised the nation during this presidential election when it turned blue for the first time in 28 years. According to a new report from Redfin, recent migration ...
Read More »Coastal Flooding Could Diminish Affordable Home Inventory
Flooding and other natural disasters are increasing due to carbon emissions and climate change, scientists say, putting the nation's already dwindling affordable housing supply at risk, according to ...
Read More »The Most Expensive Towns Across America
A new report from LendingTree evaluates the top 50 American towns with populations under 50,000 with the most expensive median home values. Vineyard Haven, Massachusetts; Summit Park, Utah; ...
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