Tag Archives: Inflation

A new survey from Realtor.com revealed an estimated 82% of home sellers feel 'locked in’ to their current home, as buying a new home could potentially mean buying into a higher mortgage rate.

The U.S. Department of Housing and Urban Development announced an available $30.3 billion for the Housing Choice Voucher Program that will help Public Housing Authorities address recent rent inflation and enable more low-income families to utilize housing vouchers.

Despite economic conditions, a new report from TD Bank has revealed more than one-third of homebuyers planning to purchase a home reported that now is a good time to buy, as 54% of respondents said their level of financial preparedness has improved over the last two years.

According to a new LendingTree study, more than eight million adults throughout the U.S. aren’t caught up on rent, citing continued affordability constraints, and greater overall housing costs.

For those facing financial hardship, the Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will enhance their payment deferral policies to allow borrowers to defer up to six months of mortgage payments.

According to the RE/MAX National Housing Report for February 2023, the median sales price experienced a slight rise over January, ending a seven-month streak of price declines.

While many homebuyers remained on the sidelines, home sales and competition leveled off in February, as the median U.S. home sale price fell 1.2% in February, marking the first year-over-year decline since 2012.

According to a new report from Redfin, the nationwide median asking rent inched upward just 1.7% in February, marking the smallest increase in nearly two years, and the lowest level in 12 months.

With 2021 benefiting home sellers, Louis Amaya of PEMCO Capital Management details how the transition to a distinctly buyer-biased market is on the horizon.

The rate of overall housing starts slowed in 2022 while completions climbed, according to a new Realtor.com report. New home affordability continues to drop rapidly with just 10% of new homes sold for less than $300,000 in Q4 2022.