Home Price Gains Slows to Levels Last Reported in 2016
As reported by Realtor.com, home prices rose by 0.9% in May 2023, landing below numbers during pandemic and going further back to 2016. Source: DS News
Upcoming Hurricane Season May Threaten an Estimated 33 Million U.S. Homes
A new report from CoreLogic has found that climate change is expected to alter hurricane activity this year, placing $11.6 trillion total reconstruction cost value at risk of hurricane-force wind [...]
HUD Commemorates June as National Homeownership Month
HUD has planned a number of events throughout the month, including the launch of the Housing Counseling Awareness Campaign and House Party 2.0, highlighting the benefits of housing counseling and [...]
Real House Prices Increased 3.2% in March
While the Real House Price Index found that home prices, and therefore affordability, decreased across the country, median household income has increased 4.1% since January 2022. Source: DS News
Investor Home Purchases Fell a Record 49% YoY in Q1
While real estate investors bought up a large number of homes during the pandemic, a new report from Redfin revealed investors purchased 48.6% fewer homes in Q1 of 2023 than [...]
Nearly All Homebuyers in 2023 Have Regrets About Purchasing
According to a new report from Clever Real Estate, some 93% of homebuyers in 2023 have regrets about their homebuying experience, as new data revealed nearly 2 in 3 recent [...]
FHA Proposes New Mortgage Payment Reductions
In an effort to assist struggling borrowers amid an erratic mortgage rate environment, the FHA is proposing a plan to assist borrowers through temporary reductions to monthly mortgage payments for [...]
Homebuyers Leaving Their Hometown Are Moving to More Affordable Areas
As many Americans are leaving their hometown in search of more affordable areas, elevated mortgage rates and a shortage of inventory continue to deter U.S. homebuyers, as overall home sales [...]
Case-Shiller Index: Housing Prices Continue Recovery
The Latest S&P CoreLogic Case-Shiller Index found that the national index posted a 1.3% increase in March 2023 over the previous month. Source: DS News