Are We ‘Witnessing a Housing Recession?’
Existing-home sales sagged for the sixth straight month in July, according to the National Association of Realtors. All four major U.S. regions recorded month-over-month and year-over-year sales declines. Total existing-home [...]
Real Estate Investors Purchased a Record $60.1B in Q2
A study by Redfin found that real estate investors acquired approximately 87,500 homes nationwide in Q2, a total that was up 11% quarter-over-quarter. The post Real Estate Investors Purchased a [...]
Black Households’ Affordability Numbers Halved
The fact that housing and mortgage rates have done nothing but rise over the last year has hampered affordability across the board, but the impact on Black renters in particular [...]
Higher Share of Vacant Homes Sit in Expensive Towns
A new analysis from a March LendingTree study found more than 16 million vacant housing units in the U.S. This figure may seem steep but becomes more reasonable when you [...]
First Mortgage Default Rate Up Four Basis Points
Credit rating agency Experian, along with the S&P Dow Jones Indices, has released its latest monthly iteration of its Consumer Credit Default Indices Report for July 2022 which aims to [...]
FHFA and Ginnie Mae Update Seller/Servicer Requirements
New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit [...]
Is a Housing Market Normalization Upon Us?
First American Financial Corporation has released the latest Potential Home Sales Model for the month of July 2022, which uses proprietary data to measure what the healthy market level of [...]
Millennials Seeking Cost-Efficient ZIP Codes
One of America's most historic regions is its newest homebuying hotspot, with New England ZIP codes representing over half of 2022's top 10 list in the eighth annual Realtor.com Hottest [...]
Pumping the Brakes? Some Locations Reporting Rent Price Deceleration
CoreLogic has released its latest Single-Family Rent Index (SFRI) covering the month of June 2022 found that in some areas of the country, the unrelenting pace a which rent growth [...]