Collaboration Between Professor and Students Take on Mortgage Climate Risk
Professor Clifford Rossi called the project "the finest student presentation on a highly technical subject I have ever been involved with." Source: DS News
Renters Finding Themselves with Less Discretionary Income
Inflation and rising rents are leaving renters little to work with after paying their monthly dues. Source: DS News
Elevated Housing Costs Driving Homebuyers to More Affordable Areas
While nationwide migration trends remain firm, according to a new report from Redfin, a record one-quarter of home searchers are looking to move to a new metro as high housing [...]
CFPB Issues Rule to Facilitate LIBOR Wind Down
The Bureau issues an interim final rule that contains updates to reflect a new law and Federal Reserve Board regulation. Source: DS News
HUD Awards $15M to Help Seniors Age in Place
“By providing a pathway for more older adults to stay in their homes, we are helping to improve lives and ensuring the opportunity for seniors to age with dignity,” said [...]
Profit Margins on Typical Home Sales Drop Nationwide to Two-Year Low
As home prices remain flat throughout the country, ATTOM's Q1 2023 U.S. Home Sales Report revealed investment returns declined quarterly by five points, while median home values declined in nearly [...]
Pending Home Sales Decrease for First Time in Five Months
The National Association of Realtors reported that pending home sales fell 5.2%. Click through for more. Source: DS News
Nationwide Mortgage Delinquency Rate Nears Record Low in February
CoreLogic reports that the share of borrowers late on their mortgage payments or in some stage of delinquency in February dropped year-over-year. Source: DS News
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 [...]