While the housing market has faced difficulties in 2020, like low inventories and high prices, 2021 will likely be a year of booming residential real estate across the ...
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 »The Week Ahead: Real Estate Forecast Summit
The National Association of Realtors (NAR) will host its second annual Economic and Real Estate Summit on Thursday, December 10 from 11 a.m. to 2:45 p.m. Eastern Time. ...
Read More »FHA Loans Are Gaining Popularity Among Millennial Homebuyers
Interest rates on FHA loans hit new lows in October, which is driving millennials to pursue homeownership with the helped of government-backed financing. Ellie Mae’s latest Millennial Tracker ...
Read More »Tighter Lending Standards Impact Borrowers Who Own Businesses
Beginning December 14 it will be a little more difficult for self-employed borrowers to secure a Fannie Mae-backed mortgage loan. As of mid-month, the GSE will require self-employed ...
Read More »November Jobs Report Reveals Implications for the Housing Market
How long will economic recovery take? CNN Business says that if things continue at November 2020’s pace, it will take the US until March 2024 to return to ...
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 ...
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