According to a new report from Zillow, legal protections come at a cost for LGBTQIA+ home shoppers, as typical home values in areas with explicit legal protections for the community are an estimated 46% more expensive than areas with no protections.
Read More »Better Together: The Importance of a Diverse and Inclusive Workforce
In our June MortgagePoint cover story, experts discuss the importance of D&I strategies in the workforce, in business, and throughout the mortgage industry, highlighting the strategies utilized to promote equity in the U.S. housing system for renters and homeowners nationwide.
Read More »Q4 Senior Home Equity Levels Dip to $12.39T Nationwide
According to a new report from National Reverse Mortgage Lenders Association, the slight drop in the NRMLA/RiskSpan Reverse Mortgage Market Index was driven by a modest decline in senior home equity from a peak of $12.42 trillion in Q3 2022 to $12.39 trillion in Q4 2022.
Read More »Declining Home Prices, Softening Labor Market May Increase Foreclosures
While nominal house price appreciation slowed in response to affordability-constrained demand, new data revealed falling house prices could cause foreclosures to jump, according to the First American Real House Price Index,
Read More »Home Prices Up Nearly 8% Nationwide From Last March
Both home sellers and homebuyers continue to struggle to navigate the market, with a new seller survey from Realtor.com revealing that home prices are up 7.8% from last year.
Read More »Amid Market Concern, First-Time Buyers Maintain Optimistic Outlook
As homebuyers' perception of the economy and affordability continue to worsen, nearly 40% of Americans planning to buy their first home in 2023 revealed now is a good time to buy, as many continue to search for homes and save for downpayments.
Read More »Single-Family Rent Price Growth Experiences Lowest Appreciation Rate Since 2021
According to a new CoreLogic report, single-family rent price growth was up by nearly 6% year-over-year in January, marking the lowest rate of appreciation since the spring of 2021.
Read More »Ten Quarters of Equity Gains Come to a Close
While home equity levels remained relatively flat, equity rich properties now make up 48% of all mortgaged properties.
Read More »Senior Home Equity Exceeds Record $11.8T
The National Reverse Mortgage Lenders Association and RiskSpan Reverse Mortgage Market Index hit a record high of 413.22, while senior housing wealth grew by nearly $226 billion in Q3 of 2022.
Read More »Median Home Prices Continue Four-Month Decline
Despite ongoing price corrections, home values in the top 50 metropolitan markets remain elevated up to 66% since the start of the pandemic.
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