More Than Half of Investors Believe the Housing Market is Overvalued
Up from 40% a year ago, 55% of real estate investors feel that their local market is overvalued and expect to see a price correction in the coming months. According [...]
SFR Platform Progress Residential Names Adolfo Villagomez as CEO
Former Home Depot exec brings two decades-plus worth of experience to his new role for SFR management platform responsible for more than 80,000 homes across 30 markets. The post SFR [...]
Fannie Mae Downgrades Housing, Origination Forecast
In their latest forecast, Fannie Mae’s Economic and Strategic Group (ESR) has downgraded its GDP projections along with home sales and mortgage originations due to the current state of the economy. [...]
Ginnie Mae Guarantees $50B-Plus in MBS in April
April issuance adds more than $19 billion to Ginnie Mae’s overall portfolio, on pace to cross the $2.2 trillion mark in May. The post Ginnie Mae Guarantees $50B-Plus in MBS [...]
Uncovering the True Cost of Mortgage Fraud
LexisNexis has released its first True Cost of Fraud for Real Estate study which examines fraud trends for the United States based on the answers of 360 risk and fraud management executives [...]
Potential Home Sales Decrease on Monthly, Yearly Basis
First American Financial Corporation has released their latest iteration of the proprietary Potential Home Sales Model (PHSM) for April 2022 and found that potential existing-home sales decreased to a 5.74 [...]
Single-Family Housing Market Shows Signs of Slowing
Homebuilder confidence declined for the fifth consecutive month, as the cost of building materials were up by more than 19% year-over-year. The post Single-Family Housing Market Shows Signs of Slowing [...]
Apartment Space Per Renter Shrinking Nationwide
According to a new report from RentCafe, the average apartment space per person is now about 540 square feet, based on the ratio of the average apartment size to the [...]
Homeowners Continue to Face Challenges After the Pandemic
The Consumer Financial Protection Bureau (CFPB) has published a new report examining 16 large mortgage servicers responses to the COVID-19 pandemic. Collected between May and December 2021, data reveals that [...]