Consumer Confidence in Housing Near Historic Lows
Fannie Mae’s Home Purchase Sentiment Index posted numbers in March that were just above lows hit late last year. Source: DS News
HUD Highlights Zoning Reforms to Boost Housing Supply
A new publication from HUD focuses on land usage and zoning as a means to spotlight reforms that state and local governments can adopt to increase the nation’s housing inventory. [...]
The Week Ahead: Servicers and Government Officials to Meet on Capitol Hill
The Annual Five Star Government Forum is set for April 11 in Washington, D.C., bringing together mortgage servicing leadership and government agency reps to discuss the industry’s most pressing issues. [...]
Renters of Color Experience a Pricier Application Process
A new Zillow report revealed Black, Latinx, and Asian American Pacific Islander renters reported paying security deposits and application fees an estimated 43% higher than those paid by white renters. [...]
Property Taxes Increase to $340B Annually
The share of single-family home property taxes is up across the board by 4%. Click through for more. Source: DS News
HUD to Extend Public Comment Date for Fair Housing Rule
Per President Biden's call to fully enforce the Fair Housing Act, the U.S. Department of Housing and Urban Development has announced the extension of the public comment date for its [...]
CoreLogic Estimates $83B-Plus in Tornado Damages Across Central U.S.
Approximately 358,000 homes may have sustained damage from hail and/or tornadoes on March 31, according to the latest findings from CoreLogic. Source: DS News
Appraisal Modernization and Where Valuations Are Headed
Dean Kelker of SingleSource Property Solutions discusses appraisal modernization, and what lies ahead for the valuation industry. Source: DS News
LGBTQ+ and BIPOC Buyers Stretched Thin Due to Homeownership Expenses
"Our data shows that LGBTQ+ and BIPOC buyers are potentially spending even more of their income to own a home of their own, which can make it difficult to afford [...]