Month-over-month, pending home sales rose 4%, the biggest increase in over two years. A new report breaks down the latest, including the resurgence of bidding wars.
Read More »Bipartisan Tax Bill Introduced to Boost Affordable Housing
Senate Finance Committee Chair Ron Wyden and House Ways and Means Committee Chair Jason Smith have announced bipartisan framework that promotes the financial security of working families, and expands affordable housing by enhancing the Low-Income Housing Tax Credit.
Read More »December Home Sales Fall Over 6% YoY
Existing-home sales faded 6.2% in December over the same month in 2022 while the median existing-home sales price rose 4%.
Read More »Running the Numbers
For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.
Read More »Gen Z Buyers Stand a Better Chance in the South, Midwest
Like the generation that precedes them, members of Gen Z are concerned about affordability, according to a new Point2 study, which revealed the cities and regions where the youngest Americans have the best chance of achieving homeownership.
Read More »The Week Ahead: Evaluating the 2024 REO Landscape
An upcoming FORCE webinar will forecast the upcoming year for the REO marketplace, with particular attention to new laws that will take effect and their impact on your business.
Read More »Desire for Luxury Homes Driving Market Optimism
Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new Coldwell Banker Global Program report.
Read More »Dropping Rates Should Boost Home Sales in 2024
Fannie Mae’s Economic and Strategic Research Group predicts a gradual return to a more “normal” housing balance in 2024.
Read More »Inside the Affordability Gap Between Renting and Homeownership
Renting and/or owning a home continues to be a financial burden for average U.S. workers, according to ATTOM’s 2024 Rental Affordability Report, which showed that rents are growing faster than wages in most markets, outpacing home prices in nearly all of them.
Read More »CFPB Aims to Close Overdraft Loopholes
Overdraft fees—colloquially known as “junk fees” in most circles—cost Americans billions of dollars a year, but a proposed rule from the Consumer Financial Protection Bureau would close one avenue of racking up these charges.
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