When it comes to homeownership, the U.S. ranks in the bottom third percentage of countries where households own their residences without the burden of a mortgage. According to a Forbes report, the Organization for Economic Co-operation and Development (OECD) published...
(This is the first weekly op-ed column from our new editor, longtime real estate and mortgage industry journalist Phil Hall.) A few years ago, I arrived home from work on a July evening and found a bright yellow square-shaped envelope in my mailbox. In handling the...
A decline in home prices and mortgage rates has spurred a greater level of early-stage homebuying demand, according to new data published by the brokerage Redfin (NASDAQ:RDFN). However, rising demand is not translating into rising home sales. Redfin’s Homebuyer Demand...
The U.S. Department of Housing and Urban Development (HUD) has allocated $5.5 million to a pair of Historically Black Colleges and Universities (HBCUs) for research into housing and community development issues. Texas Southern University received $3 million for the...
When it comes to selling a residential property at a faster pace and a bigger payoff, real estate professionals recommend a professional home staging rather than an empty space. According to a new survey by the National Association of Realtors (NAR) that polled more...
The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will enhance their payment deferral policies to allow borrowers facing financial hardship to defer up to six months of mortgage payments. Payment...
Hits and Misses for the Real Estate Week of June 15-19
