HUD Issues $5.7M in Research Grants to Reduce Home Health Hazards
“The condition of a family’s home is a major factor in determining their health, and today, too many homes have hazards, particularly, homes in communities of color,” said Matthew Ammon, [...]
Luxury Second Home Demand Remains Above Pre-Pandemic Levels
Despite the struggles faced by the overall housing market, luxury second home mortgage rate locks remained 152% above their pre-pandemic level in Q3 of 2019, with remote workers continuing to [...]
Growing Affordability Constraints Persist for Buyers
With many Americans citing high home prices and mortgage rate conditions as primary reasons for being unable to afford a home, an estimated 75% of consumers in Fannie Mae’s latest [...]
Concern Over Climate Risk Factoring Heavily Into Home Relocation Plans
A new analysis by Redfin has found that 62% of those planning to buy or sell a home are reluctant to relocate to a place at risk of natural disasters. [...]
New Hurricane Ian Damage Estimates Rise to $41B-$70B Range
CoreLogic’s latest examination of total flood and wind losses increases in the aftermath of Hurricane Ian, as uninsured residential flood loss alone is estimated in the $10-$17 billion territory. Source: [...]
FHFA Inspector General Publishes List of Challenges for 2023
The Office of the Inspector General of the Federal Housing Finance Agency has published a 10-page memo, as required by law, identifying seven major challenges the Agency will address next [...]
YoY Bankruptcy Filings Increase for Second Straight Month
According to Epiq Bankruptcy's latest market analysis, the total number of filings increased an overall 7% in September, while commercial Chapter 11 filings increased nearly 80% over the last year. [...]
Black Knight Launches Suite of Climate Risk Solutions
New offering will help identify properties impacted by natural disasters, while mitigating portfolio risk from future climate-related events. Source: DS News
Americans More Fearful of Home Prices Than a Recession
While 75% of Americans predict a recession within two years, their primary concern at the moment is continuing high home prices. Source: DS News