“Storms, floods, fires, and heat waves are getting stronger and more frequent. They are making the human cost of our warming world all too real, especially for America's homeowners and renters,” said Tim Judge, SVP and Head of Modeling and Climate Change Officer for Fannie Mae.
Read More »Gen Z Migrated the Most in 2023
Only 11% of Millennials moved during the 2023 calendar year, as Gen Z changed locations more than every other generation by a wide margin according to a new year-end report.
Read More »Home Sales Retreat YoY
NAR Chief Economist Lawrence Yun said, "The latest weakness in existing home sales still reflects the buyer bidding process in most of October, when mortgage rates were at a two-decade high before the actual closings in November.”
Read More »Report: Equilibrium to Return to Short-Term Rental Market in 2024
According to AirDNA, increased economic stability will boost the short-term rental market in 2024, with demand anticipated to rise by 10.7% year-over-year.
Read More »Will Smaller Cities Dominate the Market in 2024?
While affordability remains a challenge for many Americans, a new report revealed that Zillow users gravitated toward smaller cities in 2023, with some of the most desirable towns being in places you might not expect.
Read More »More Rental Housing Could Moderate Prices Next Year
The latest forecast from Freddie Mac for multifamily housing predicts that rent growth will moderate due to the fact that completions will peak during the year.
Read More »Fannie Mae Forecasts Originations Rebound
As 2023 draws to a close, Fannie Mae predicts that single-family home sales have likely bottomed out and should grow into the next year.
Read More »Report: How Many U.S. Home Mortgages Are Performing?
According to the MBA, the share of mortgage loans in forbearance decreased to 0.26% nationwide in November, with roughly 70% of loan workouts initiated since 2020 classified as current.
Read More »Not Since 1981 Has Mortgage Affordability Been This Bad
It’s been decades since mortgage affordability has been this bad, leaving some people to give up hope in the American Dream.
Read More »Lawmakers Seek Improved Consumer Protections From CFPB
Sen. Elizabeth Warren and Rep. Hank Johnson are leading a coalition of 90 lawmakers in requesting increased protections by the Bureau on forced arbitration for financial products and services.
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