As housing affordability continues its decline, the latest analysis from First American projects home price appreciation to fall further as the booming sellers’ market seen in early 2022 has now turned in favor of homebuyers.
Read More »Whatever Happened to Starter Homes?
Due to increasing cost of land, zoning restrictions, and skyrocketing costs for building materials, starter-homes are becoming a dying trend. The latest market study from Point2 Homes explores the challenges facing first-time buyers.
Read More »Black and Latino Homeownership Rates Rise in Nearly Half of U.S.
While Black and Latino households have often been disproportionately affected by predatory lending practices, homeownership rates have increased nationwide for both. However, lack of affordable housing and high interest rates may pose challenges moving forward.
Read More »Home Price Gains Slow Again in August
CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due ...
Read More »FHFA Unveils Duty to Serve Details for GSEs
New program commits to serving manufactured housing markets, as data shows residents of owner-occupied manufactured housing tend to have lower incomes than owners of site-built homes.
Read More »Homeownership May Be More Affordable Than We Thought
While some indexes point to declining affordability, new research takes a fresh look at affordability in the top U.S. markets, finding some of the most expensive areas may be more affordable to local residents than they first appear.
Read More »Home Values Cooling Off
National home values appreciated at a steady but “aggressive” rate last year, but the markets previously leading the pack are falling behind.
Read More »Where the Most Competitive Buyers Are
A report ranked the top metro areas where buyers are trying to outbid each other for properties despite the signs of a slowdown in the housing market across the nation. Here are the key findings.
Read More »A Housing Heat Wave Hits the South
Here are the hottest housing markets for 2019. They’re mostly located in the South with a few outliers.
Read More »What’s Keeping Millennial Renters from Owning a Home?
Young Americans are more interested in homeownership than older millennials, yet they’re wary of purchasing a home according to a report. What is causing them to hold back?
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