Challenges Remain for Buyers and Sellers as Market Avoids Crash
"The housing market is stabilizing after the turbulence of the pandemic, but the effects will be with us for a long time," said Zillow Senior Economist Jeff Tucker. Source: DS [...]
International Buyers Purchased About 84,600 Units or $53.3B Last Year
According to a new report from the National Association of Realtors (NAR), international buyers and investors purchased $53.3 billion worth of residential properties from the period between April 2022 and [...]
Ranking the Nation’s Most “House Poor” Cities
By reviewing U.S. Census Bureau data, researchers have ranked the nation’s most “house poor” cities, where homeowners are spending more than 30% of their income on housing costs. Source: DS [...]
HUD Issues $370 Million in Choice Neighborhoods Implementation Grants
HUD has awarded eight communities with grants geared toward the promotion of innovative collaboration necessary to tackle lingering affordability issues in the housing space. Source: DS News
New-Home Sizes Decrease Nationally, Price Per Square Foot Nearly Doubles
Though they’ve come down somewhat from their pandemic highs, home prices are still steep, especially compared to 10 years earlier. Source: DS News
Home Prices Nationally Rise for Sixth Straight Month
“While the continued imbalance between buyers and sellers continues to pressure home prices, June’s annual bump in price growth echoes economic resiliency, a thriving U.S. job market, and strong consumer [...]
HUD Announces Expansion of Its Moving to Work Demonstration Program
The Department is seeking to grow its Move to Work initiative, a program that improves housing choices for low-income families. Source: DS News
Florida Court Reverses Foreclosure Judgment
Attorney Adam Diaz details a recent decision in the Sunshine State to reverse a final judgment of foreclosure entered in favor of a lender, finding that the foreclosure was barred [...]
GAO Issues Analysis of FEMA’s Risk Rating 2.0
In a new report measuring the effectiveness of Risk Rating 2.0, the GAO focused on the actuarial soundness of the program, how premiums are impacted, affordability concerns for policyholders, and [...]