Rising Interest Rates Cause Drop in Mortgage Originations
Why mortgage bankers might be seeing a lot less business.
Potential Cuts to Housing Aid Threaten Home Building Lobbying Efforts
Why federal housing aid might be put on the chopping block.
Consumer Price Increase Reported for September
Accelerated inflation is breaking the bank, but maybe not for much longer.
Mortgages Remain Within Affordable Levels Despite Rising Prices
Though home prices continue up, today’s homebuyers are not overextending themselves financially,…
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Business financials advice, reports, and trends for professional home builders and remodelers.
Economics
Student Loans Keep 29% of Americans From Becoming Homeowners, Survey Finds
While many Americans were economically devastated as a result of the pandemic, others fared much better. In a new survey by the National…
Financials
Millions of Renters Left Waiting as Aid Disbursement Lags
CNBC says the $45 billion in rent aid has been “bafflingly slow” to reach Americans, leaving more than 6 million households behind on payments.…
Economics
Expiration of Mortgage Bailout Programs Unlikely to Cause Foreclosure Crisis
The number of enrollments in mortgage bailout programs has dropped fast and many homeowners continue to see their home values rise. The number of…
Economics
Landlords, Homeowners to See Further Property Tax Increases This Year
The pandemic-fueled housing boom pushed up home values, prices, and property taxes, but the tax increases are expected to shock homeowners and…
Financials
What the Rise of iBuyers and Fin-tech Companies Means for Buyers
Cash sales accounted for 23% of all home sales in July this year, helped by an increasing number of iBuyers and financial technology companies…
Market Data + Trends
The Fall Season Likely to Welcome Falling Competition Levels
Real estate experts predict a cooler fall housing market, but competition will remain hotter than usual. Realtor.com says experts forecast an…
Market Data + Trends
Number of Homes Selling for $500,000+ Over Asking Doubled in Q2
The number of homes that sold for more than $500,000 over the asking price doubled in the second quarter of 2021 compared to the first quarter.…
Economics
Housing Prices Threaten the Federal Reserve's Inflation Outlook
Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the …
Demographics
Pandemic-Related Economic Challenges Disproportionately Impacted Minority Households
A survey of 20,000 adults across 20 major metro areas nationwide found Black, Latino, lower-income, and renter households were more likely to have…
Financials
Financial Institutions' Effect on Today's Housing Market
The housing market isn’t just hot for homebuyers—Wall Street banks are throwing their hats into the ring, too. The only difference is these…
