Source: US News — LOS ANGELES (AP) — U.S. home sales tumbled to the slowest pace in nearly a decade as soaring mortgage rates and sky high prices in 2022 pushed homeownership out of reach for many Americans. The National Association of Realtors said Friday that...
Source: MPA Mag — A potential recession this year will yield challenges for the real estate market, according to researchers at CBRE. Market researchers provided their predictions during the recent CBRE US Real Estate Outlook for 2023, designed to provide...
Special purpose credit program offers up to $7,500 in lender credits for first-time buyers in underserved communities to eliminate a significant hurdle to homeownership “Homeownership has a significant impact on strong communities and the creation of generational...
Source: NAHB — A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building...
Source: MacroHive — Summary The US housing market is poised for a tough couple of years. A mix of challenging supply/demand dynamics, combined with stretched affordability and deteriorating sentiment, will weigh on the market. Introduction US housing is one of...
Source: Insider — The home buying frenzy that took place throughout much of the pandemic drove the nation’s home prices to historic highs, further escalating the country’s ongoing housing shortage and affordability crisis. But as inflation...
HUD Updates 14 FHA Policies in Move to Improve Affordability
