A new report from North American Moving Company examines median prices, tax rates, and other factors to determine 2023’s most affordable regions.
Read More »The Average Home Seller Nets Over $110K in Profit
Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.
Read More »Housing Market Thaw Begins as Rates Continue to Slide
Freddie Mac reports the fixed-rate mortgage has fallen to its lowest level since mid-September, as buyers begin to return to the market ahead of the spring homebuying season.
Read More »Most Homeowners ‘Well Positioned’ for Recession
“More than a decade of home price increases has given homeowners record amounts of equity, which protects them from foreclosure should they fall behind on their mortgage payments,” said Molly Boesel, Principal Economist at CoreLogic.
Read More »Rise in Refis Steers App Volume Upward
The MBA reports a continued rise in borrower demand, as mortgage application volume rose for the third consecutive week, led by gains in both purchase and refi activity.
Read More »Mortgage-Rate Drops Attract Homebuyers
According to a new report from Redfin, home prices saw a small increase in January as mortgage-rate drops begin to bring homebuyers back to the market.
Read More »Biden-Harris Administration Announces Blueprint for Renters Bill of Rights
The blueprint lays out ways to drive action by the federal, state, and local governments.
Read More »Household Growth Driven by Millennials in 2022
A new study from the Joint Center for Housing Studies revealed that annual household growth between 2019 and 2021 averaged between 2.0 million and 2.4 million per year, fueled primarily by millennials.
Read More »Nicole Booth Promoted to CEO of QC Ally
Former Rocket Mortgage executive is promoted to the CEO role of firm specializing in enterprise quality control, audit, and risk management needs.
Read More »High Housing Costs Drove Relocation in 2022
As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.
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