Moderating Market Fuels Slowdown in Pending Sales
As mortgage rates continue to fall, a new report from Redfin revealed mortgage applications are up 25%, and the slowdown in pending sales is beginning to moderate. Source: DS [...]
As mortgage rates continue to fall, a new report from Redfin revealed mortgage applications are up 25%, and the slowdown in pending sales is beginning to moderate. Source: DS [...]
In order to further the principle of fair housing, the Biden-Harris Administration has announced new action to increase fairness in the rental market. Source: DS News
Serving in the Interim Chief Economist role since July 2022, CoreLogic promotes Selma Hepp to lead team producing insights to help industry stakeholders better navigate today’s real estate environment. [...]
A new Redfin report revealed that after Sacramento and Las Vegas, Miami was the most popular migration destination in Q4, followed by Tampa and Phoenix. Source: DS News
“U.S. insurers expect to increase their tolerance for risk even as market volatility remains elevated and higher quality assets are finally offering more compelling yields,” said Woody Bradford, CEO [...]
HUD’s support will help strengthen capacity and invest in innovative and actionable research for Hispanics to address issues regarding housing, economic development, and the built environment for underserved communities. [...]
“The steep annual decline in market potential was largely a result of higher mortgage rates, which prevent both buyers and sellers from jumping into the market,” said Mark Fleming, [...]
For the third consecutive month, the nation’s forbearance rate has remained relatively flat, as new forbearance requests and re-entries have been reported at nearly the same pace as exits. [...]
The amount consumers are set to spend on home renovations or repairs is set to pull back for the first time in a few years. Click through for more. [...]
"There are economic signals pointing to recession but also signs that a 'soft landing' may be in the offing," said Doug Duncan, SVP and Chief Economist for Fannie Mae. [...]