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$339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022

$339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022

by Phil Hall | Apr 6, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from ATTOM has determined that $339.8 billion in property taxes were levied on single-family homes during 2022, a 3.6% increase from the $328 billion harvested in 2021. However, while the increase was more than double the 1.6% growth in 2021, it was also...
FHFA Updates GSEs’ Equitable Housing Finance Plans

FHFA Updates GSEs’ Equitable Housing Finance Plans

by Phil Hall | Apr 6, 2023 | Industry Updates, News/Current Events, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) today announced updates to Fannie Mae and Freddie Mac’s Equitable Housing Finance Plans for 2023. According to the FHFA, the updates build upon the inaugural plans that the government-sponsored enterprises (GSEs) first...
Mortgage Applications Down 4.1%

Mortgage Applications Down 4.1%

by Phil Hall | Apr 5, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the decline, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 31. The MBA’s Market Composite Index took a 4.1% drop on a seasonally adjusted basis from one week earlier...
ICBA Launches Campaign to Increase Consumer Awareness on Community Banks

ICBA Launches Campaign to Increase Consumer Awareness on Community Banks

by Phil Hall | Apr 5, 2023 | Industry Updates, News/Current Events, WRE News Exclusive

In view of recent tumult in the banking sector, the Independent Community Bankers of America (ICBA) has debuted a national public awareness campaign designed to encourage consumers to do business with a local community bank. The campaign calls attention to the...
Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership

Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership

by Phil Hall | Apr 5, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Realtor.com has determined that homebuyers who identify as LGBTQ and BIPOC (Black, Indigenous and people of color) are going into homeownership with greater housing costs burdens than White and non-LGBTQ individuals. According to Realtor.com,...
Person of the Week: Mark Calabria on Running the FHFA During the Pandemic

Person of the Week: Mark Calabria on Running the FHFA During the Pandemic

by Phil Hall | Apr 4, 2023 | Industry Updates, News/Current Events, Person of the Week, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mark Calabria is one of the most prominent thought leaders in the housing policy sector. He is a senior advisor to the Cato Institute and the co-founder of Cato’s Center for Monetary and Financial Alternatives. Calabria served as chief economist for Vice...
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