Millions of Homes Sit Vacant Across the Largest U.S. Metros
A new study from LendingTree revealed nearly 5.5 million homes remain vacant nationwide, with many being unoccupied vacation homes, while some homes are still on the market, waiting to be [...]
Sixteen Percent of Home Purchases Fell Through in August
Home purchases fell through at a rate of 15.7% in August, a number which is up 14.3% year-over-year and the highest number recorded since October 2022. Source: DS News
SFR Growth Experiences 15th Consecutive Month of Deceleration
Annual U.S. single-family rent growth dropped to a near three-year low in July, falling to 3.1%, according to CoreLogic's latest Single-Family Rent Index. Source: DS News
Real Estate Investors Find Optimism in Market Opportunities Ahead
In a new poll from RCN Capital, in conjunction with CJ Patrick Company, 72% of the real estate investors surveyed felt that market conditions for investing were better or the [...]
Fannie Mae Partners With Pulsenomics on New Home Price Expectations Survey
The GSE, in conjunction with research and consulting firm Pulsenomics, will produce a quarterly poll surveying more than 100 housing experts across the industry and academia forecasting future home price [...]
Mortgage Monitor Finds Modest Opportunity in Refi Market
Alongside rising interest rates, the average equity withdrawal among cash-out refinances has also risen by nearly 90% from its low in 2020. Source: DS News
GSEs Complete Nearly 50K Foreclosure Prevention Actions in Q2
The FHFA’s latest Foreclosure Prevention and Refinance Report for the second quarter found that, to date, more than 6.8 million struggling homeowners have been assisted by Fannie Mae and Freddie [...]
Median Monthly Mortgage Payments Reach New All-Time High
As mortgage rates remain elevated, a new market report from Redfin revealed the typical homebuyer’s monthly payment is now at a record high of $2,666, representing a near 9% year-over-year [...]
HUD Awards $10.5M+ in Grants to Empower Underserved Hispanic Communities
HUD enhances its commitment to working with the nation’s Hispanic communities to ensure access to affordable, fair, and safe housing, and homeownership opportunities nationwide. Source: DS News