First-time homebuyers were responsible for a total of 700,000 single-family home purchases during the third quarter of this year, according to new data from Genworth Mortgage Insurance. This ...
Read More »Why More Americans Are Investing in Existing Housing Stock
There is no denying that the housing market has had a successful year overall. However, the high demand for homes combined with sellers' hesitation to put their homes ...
Read More »Are Homeowners Really Fleeing Cities for the Suburbs?
COVID-19 has made 2020 an interesting year for real estate, no one will deny that. Ask any realtor, mortgage broker, or home builder, and they’ll tell you the ...
Read More »How Crisis-Motivated Policy Changes Could Affect Housing Inequality
While COVID-19’s hardly at the root of housing challenges, the pandemic compounded them—a signal that another housing crisis can be expected for homeowners, renters, and rental property owners, ...
Read More »Could Home Sales Reach Pre-Great Recession Levels?
The housing market has undergone a surprising amount of growth this year, considering the many difficulties caused by COVID-19 and an economic downturn. However, as the market enters ...
Read More »Top 10 American Suburbs With Rising Home Prices
According to a recent Realtor.com report, the suburbs are sizzling in the housing market. With the COVID-19 pandemic placing pressure on homeowners living in big American cities, the ...
Read More »COVID-19 Vaccines, Economic Shifts Could Boost Housing Market
Many factors have contributed to Fannie Mae’s updated prediction for end-of-year and 2021 growth. Stronger-than-expected data coming in, positive vaccine developments, and increased talks of additional stimulus have ...
Read More »Mnuchin: Biden Administration Will Decide Fate of GSE Conservatorship
The Treasury Secretary of the United States says Freddie Mac and Fannie Mae will remain government-sponsored throughout the remainder of Donald Trump's presidency, leaving President-elect Joseph Biden to ...
Read More »How Government Stimulus Helped the Housing Market Stay Strong
The COVID-19 pandemic has made 2020 a difficult year for many industries, but the housing market has been surprisingly resilient. In fact, “mortgage originations are on track to ...
Read More »Home Prices to Shift Due to Floods, Wildfires
Home prices have skyrocketed in 2020 because of high demand and low inventory. However, wildfires and floods have posed a risk to many areas of the United States. ...
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