HUD furthers its commitment to ensuring that families have the necessary resources to thrive, as eligible households can now receive the financial assistance necessary to access affordable broadband resources.
Read More »Pending Home Sales Up in July
While pending home sales rose a meaningful 0.7% in July, overall, this number is only marginally better than its low point hit in March earlier this year.
Read More »HUD Awards $140M for Disaster Recovery in California, Alabama, and Georgia
To assist victims in federal disaster areas, HUD Secretary Marcia L. Fudge has allocated funds to help communities recover and build resilience after a series of natural disasters in early 2023.
Read More »Rep. Waters Expresses Concern Over AI Usage in Housing
In a letter to GAO Comptroller General Eugene Dodaro, Rep. Maxine Waters calls for an investigation into artificial intelligence and proptech in the housing space as a possible barrier to fair and affordable housing opportunities.
Read More »YoY Rent Single-Family Rent Growth Highest in This Windy City
Annual single-family rent growth eased for the 14th consecutive month in June, according to a new report from CoreLogic, remaining near the pre-pandemic growth rate, while growth for attached homes is projected to continue to exceed their detached counterparts.
Read More »Housing Market Potential Down 2% YoY
A new Housing Perspectives Blog post by Mark Fleming, the Chief Economist for First American Financial Corporation and the lead of First American’s Decision Sciences Team, focused on housing market potential and the lock-in effect.
Read More »Warmer, More Affordable Areas Top Most Popular Migration Destinations
For the first time on record, Myrtle Beach, South Carolina, has made it onto the list of most popular migration destinations, as homebuyers continue to flock to warmer, more affordable cities like Las Vegas and Sacramento.
Read More »Nearly Three Million Americans Displaced by Extreme Weather in 2022
In a new study, analysts evaluate the relocation patterns of homeowners hit by natural disasters over the past year, as more than 500,000 of those displaced have relocated due to these weather events.
Read More »Zombie Foreclosures Began ‘Ticking Up’ in Q3
ATTOM Data has released its new Q3 market trends report, highlighting which regions had the most zombie home activity, and which areas remain most at risk “if the overall housing market turns back downward.”
Read More »How Much Purchasing Power Have Homebuyers Lost YoY?
Mortgage rates hovering around the 7% mark are cutting into buyers’ budgets, according to a new report from Redfin. It found that a buyer on a $3,000 monthly budget can afford a home valued at $429,000, assuming a 7.4% mortgage. But how does this stack up when compared to last year?
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