Home Equity Slips, Yet Remains Strong
The portion of equity-rich mortgaged homes has decreased, but the overwhelming majority still have massive amounts of equity built up. Source: DS News
Affordable Housing to Get Boost by House Passage of Tax Relief Act
House passage of H.R. 7024 will enhance the Low-Income Housing Tax Credit and support affordable housing nationwide through the construction and rehabilitation of housing for low- and moderate-income households. Source: [...]
HUD Awards $39M-Plus to Prevent Safety Hazards
Funding through the Department’s Healthy Homes Production Grant Program helps ensure that low-income families’ homes are safer and healthier. Source: DS News
Buyer Purchasing Power Up as Share of For-Sale Homes Improves
"We are seeing increases in inventory and, importantly, gains in newly listed homes for sale indicating sellers are more ready to make moves," said Danielle Hale, Chief Economist of Realtor.com. [...]
Consumer Benefits of Monitoring Credit
A new TransUnion study revealed how underserved and new-to-credit consumers significantly benefit from monitoring their credit, which “...has expanded considerably in awareness and usage over the past decade,” according to [...]
Millions of Vacancies Further Fuel the National Housing Crisis
With for-sale homes and vacancies near record lows, according to new research from Joint Center of Housing Studies, the ongoing housing deficiency that has affected the nation is at the [...]
Q4 Luxury Home Prices Reach All-Time High
Redfin reports that in Q4 2023, the price of U.S. luxury homes rose at twice the pace of non-luxury homes, led by affluent buyers closing the deal in all-cash transactions. [...]
HUD to Disburse $3.1B in Assistance Funds for Unhoused Peoples
The $3 billion in grants, awarded nationally, will fund over 7,000 projects. It represents the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history. [...]
How Americans Feel About the Path to Homeownership
With the new year underway, a new survey from Home Bay revealed the benefits of owning a home, how buyers and renters feel about achieving homeownership in 2024, and the [...]