Tag Archives: Housing Supply

Realtor.com reports that after four months of slowing inventory growth, active listings declined annually in July for the first time in more than a year.

Half of all homeowners paying mortgages are equity-rich, according to ATTOM's 2023 U.S. Home Equity & Underwater Report, while the share of seriously underwater mortgages also improved, resting at 2.8%.

While housing affordability remains unbalanced nationwide, many Americans remain worried about housing costs. However, a new market study from WalletHub reveals which cities are the best and worst for first-time homebuyers, with multiple Florida metros topping the list with the greatest buying opportunities.

Existing-home sales fell in June, as all four regions recorded year-over-year sales declines, according to NAR, with the South and West posting the largest decreases.

While concerns surrounding affordability and economic uncertainty continue to slow overall homebuying activity, a new report from CoreLogic showed annual single-family rent growth returned to pre-pandemic rates in May.

With an estimated 44 million U.S. households classified as renters, WalletHub examined the best and worst cities to rent, as experts revealed the factors needed to determine the most cost-effective areas to migrate to.

The Department has published a Request for Information asking the public how it can simplify programs and reduce burdens to increase access to its programs.

Amid a significant shortage of housing supply in 2022, nearly 33% of Realtors believe a lack of inventory has stopped many Americans from purchasing homes. U.S. housing supply has dropped to the lowest level recorded since 1999, according to the National Association of Realtors.

While both listed and closed prices experienced positive year-over-year growth in June, experts predict that market activity will remain at relatively low levels heading into Q3 2023, with the Federal Reserve continuing to increase rates at a slow pace.

Consumer confidence in the housing market may have plateaued, according to Fannie Mae's Home Purchase Sentiment Index (HPSI), which remained mostly flat in June, as shrinking supply and affordability conditions continue to pose challenges.