States Seek Long-Term Solutions to Reform Property Taxes
Rising home prices typically lead to higher property tax assessments, which has been the case in many Mountain West states, prompting lawmakers to grapple with property tax relief
Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024
More Listings, Lower Rates This Week
The market perks up with a recent influx of fresh housing listings, and the week ending March 28 sees a dip in mortgage rates
Mortgage Rates Set to Remain Higher for Longer
After the Fed's announcement on Wednesday that it is holding interest rates steady, homebuyers hoping for lower mortgage rates will have to keep waiting
Market Data + Trends
What an Increase in All-Cash Sales Says About These Markets
More buyers are putting in all-cash offers, especially among high-end homebuyers, says CNBC. While the rise of overall all-cash sales are not…
Economics
As Mortgage Rates Lower, Millions of Americans Can Save Big
With mortgage rates down to a new low, a record 19.4 million Americans could save hundreds per month. The average interest rate for Freddie Mac’s…
Financing
Disaster Recovery Through Job Order Contracting
When disaster strikes your community, job order contracting is a reliable, efficient way to fund rebuilding efforts
Market Data + Trends
Mortgage Demand Shrinks to 6-Month Low
Record low mortgage rates are proving to be unhelpful as homebuyer demand falls for the sixth time in seven weeks. Mortgage application volume…
Government + Policy
The Potential Future of Housing-Finance Reform Under the Biden Administration
The future of the housing-finance giants Fannie Mae and Freddie Mac now falls onto President-elect Joe Biden’s shoulders. Both have remained under…
Economics
Election Drops Mortgage Rates to 12th New Low This Year
CNBC says the presidential election pushed mortgage rates even lower this week, breaking the 12th record this year. For the week ending November 5…
Financing
Refinancing Boosts Mortgage Demand
The Mortgage Bankers Association’s seasonally adjusted index found an increase in mortgage demand last week, fueled by record low rates for large…
Demographics
Banks Step in to Shrink Black Homeownership Gap
More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one firefighter…
Housing Markets
10 Cities at Greatest Risk for Possible Housing Crisis
Realtor.com warns of a housing crisis on the horizon for 10 US cities with the highest number of delinquent FHA loans. In August, nearly 17.4% of…
Affordability
Current Home Prices Are Too Costly for Average Homeowner
In the majority of US counties, the current median price of a home or condo is far too expensive for an average homeowner. CNBC reports that 63%…
