HUD Takes Further Action to Close the Digital Divide
By opening a new round of applications, HUD's ConnectHomeUSA program seeks to support additional Department-assisted communities in getting affordable and reliable internet access. Source: DS News
Equilibrium to Return to Short-Term Rental Market in 2024
According to AirDNA, increased economic stability will boost the short-term rental market in 2024, with demand anticipated to rise by 10.7% year-over-year. Source: DS News
Will Smaller Cities Dominate the Market in 2024?
While affordability remains a challenge for many Americans, a new report revealed Zillow surfers gravitated toward smaller cities in 2023, with some of the most desirable towns being in places [...]
More Rental Housing Will Moderate Prices In 2024
The latest forecast from Freddie Mac for multifamily housing predicts that rent growth will moderate due to the fact that completions will peak during the year. Source: DS News
Originations Likely to Slowly Return in 2024
As 2023 draws to a close, Fannie Mae predicts that single-family home sales have likely bottomed out and should grow into next year. Source: DS News
Report: Nearly 96% of All U.S. Home Mortgages Are Performing
According to the MBA, the share of mortgage loans in forbearance decreased to 0.26% nationwide in November, with roughly 70% of loan workouts initiated since 2020 classified as current. Source: [...]
Not Since 1981 Has Mortgage Affordability Been This Bad
It’s been decades since mortgage affordability has been this bad, leaving some people to give up hope in the American Dream. Source: DS News
Lawmakers Seek Improved Consumer Protections From CFPB
Sen. Elizabeth Warren and Rep. Hank Johnson are leading a coalition of 90 lawmakers in requesting increased protections by the Bureau on forced arbitration for financial products and services. Source: [...]
What International Markets Are American Real Estate Investors Targeting?
A new survey of U.S. real estate investors uncovers the top international markets sought after for beaches, city properties, good healthcare, and safety. Source: DS News