It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
The typical U.S. household is still unable to afford a median-priced home, although some progress has been made. According to new data from Redfin (NASDAQ:RDFN) that analyzed the February housing market, buyers needed to earn an annual income of $113,520 to afford the...
Two new housing data reports affirmed home pricing began 2024 on the rise. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.0% annual gain in January, up from a 5.6% rise in the previous month. The 10-City Composite showed an increase...
The Appraisal Foundation announced the appointment of Kelly Davids as its next president. Davids is a former superintendent of the Ohio Division of Real Estate & Professional Licensing, the chief regulator for Ohio’s appraisers. She has been on the...
Unisource Joint Ventures, the parent company of Unisource National Lender Services, has acquired MFI Data, a subsidiary of Starrex International (STX.CN) that provides credit reports to mortgage lenders. According to the companies, the acquisition will enable...
The homebuilder Meritage Homes and Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), have unveiled Riviera Pines, a new development in the Houston suburb of Huffman, Texas. The development will encompass 20 residential lots, with one- and...
Mortgage Rates Take a Mild Tumble
