The (Unattainable) American Dream?
As limited supply and affordability barriers continue to hinder potential homebuyers, Bankrate surveyed how U.S. adults feel about the ever-changing housing market, revealing that nearly half of all Americans believe [...]
First American’s Latest Report Looks at Real Home Prices
“As mortgage rates remained high while house prices slowed in the first and second quarters of 2023, the median monthly cost to own exceeded the cost to rent,” said First [...]
Fannie Mae Reports $4.7B in Q3 Net Income
Quarter-over-quarter, the GSE reported that net income decreased $295 million in Q3 of 2023 over Q2, as Fannie Mae assisted with the purchase, refinance, or rental of 428,000 households in [...]
Illinois Court Finds Property Taxes Due to Eminent Domain Status
The Illinois Supreme Court has reversed the Third District’s holding in a case where a property owner was entitled to a refund for monies it paid for property taxes on [...]
Elevated Mortgage Rates Impacting Homebuyer Activity, Builder Sentiment
As sky-high mortgage rates continue to hamper potential homebuyers, new home sales dropped and home prices rose compared to last year. Here's how the headwinds are impacting homebuyer activity and [...]
Home Prices Increase Over 5% YoY
First American’s Data & Analytics division published a new report that shows home prices have found new highs for the sixth-straight month. Click here to see charts and year-over-year changes [...]
Analyzing HUD’s RUSH Disaster Response Program
A new report takes a deeper look at HUD’s Rapid Unsheltered Survivor Housing (RUSH) Program. Click through to read about suggested improvements that should be made before future implementation of [...]
Cenlar Promotes David Schneider to President
After joining the nationwide mortgage subservicer earlier this year as CFO, Cenlar has appointed former head of CitiMortgage and WaMu Home Loans David Schneider as its new President. Source: DS [...]
Bipartisan Bill Supporting Opportunity Zones, Housing Transparency Moving Through Washington
A new bill by Representatives Mike Kelly (R-PA), Chairman of the Ways and Means Subcommittee on Tax; Dan Kildee (D-MI); Carol Miller (R-WV); and Terri Sewell (D-AL) would require mandatory [...]