New data shows there is continued momentum in the investment marketplace as 2023 progresses, with growth found particularly in the Midwest and the West regions of the country.
Read More »Freddie Mac: Economic Risk Sill a Threat Due to Stubborn Inflation
According to Freddie Mac’s latest report, stubborn inflation is a major concern for the housing market and the economy as a whole. Click through to find out what else Freddie Mac found during Q1.
Read More »House Committee Examines LLPA Fee Structure
A House Financial Services Committee hearing featured industry experts dissecting the FHFA’s recent changes to the loan-level price adjustment fee structure used by the GSEs.
Read More »‘Glass Half-Full, Half-Empty’: Examining April Existing-Home Sales
Existing-home sales dropped 3.4% to a seasonally adjusted annual rate of 4.28 million units at a median price of $388,800.
Read More »FHFA Rescinds GSE Upfront Fees Based on DTI Ratios
By revoking the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac, the FHFA continues its engagement to improve clarity and transparency regarding the GSEs’ pricing framework.
Read More »Cities with Double-Digit Home Price Gains Falls to Single Digits
About 7% of the 221 metropolitan areas tracked by the National Association of Realtors reported double-digit price gains in Q1, falling from 18% from Q4 2022.
Read More »Trade Groups Unite to Support HUD’s Fair Housing Rule
HUD’s Affirmatively Furthering Fair Housing Rule seeks to provide for more robust community engagement, streamline processes for funding recipients, and provide greater transparency.
Read More »Pending Home Sales Decrease for First Time in Five Months
The National Association of Realtors reported that pending home sales fell 5.2%. Click through for more.
Read More »Court Grants Class Certification in Case Challenging Buyer Broker Commissions
A judge in the U.S. District Court for Northern Illinois has granted plaintiffs class certification in an antitrust suit against NAR that challenges home sellers paying the commissions of real estate agents representing homebuyers.
Read More »Pending Home Sales Numbers Improve, Further Incremental Improvements Expected
“Home sales activity looks to be bottoming out in the first quarter of this year, before incremental improvements will occur,” said NAR Chief Economist Lawrence Yun.
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