Americans are bracing for higher home prices, according to the April 2024 Survey of Consumer Expectations published by the Federal Reserve Bank of New York’s Center for Microeconomic Data. In the latest report, median home price growth expectations increased to 3.3%...
Enthusiasm for vacation homes waned during 2023, according to new data from Redfin (NASDAQ:RDFN). Last year, homebuyers took out 90,772 mortgages for second homes in 2023, down 40% from a year earlier and down 65% from the pandemic housing boom’s 2021 peak. In...
The Federal Home Loan Bank of Cincinnati (FHLB) and Homeport, a Columbus, Ohio-based nonprofit housing development, are launching the Rise Up program for qualifying homeowners in Ohio’s Franklin County. According to the organizations, the Rise Up program is funded by...
Zillow Home Loans is rolling out BuyAbility, a tool designed to addresses what homebuyers can afford. According to the company, BuyAbility can provide buyers with a personalized, real-time estimate of the home price and monthly payment that fits within their budget,...
A hospital chain’s financial illness, an uncommonly generous charitable donation and Sweden ignoring Jerome Powell’s lead. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 6-10. Miss: Is There a Doctor in the...
A pair of nonprofits have submitted plans to San Francisco’s city government for the construction of a complex that would provide affordable housing for artists. The San Francisco Chronicle reported Artists Hub and Market and Mercy Housing of California proposed the...
