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Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022
Source: ATTOM --- IRVINE, Calif. — Feb. 2, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48 percent of mortgaged residential...
CFPB Loses Key IMB Redlining Case
Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
See the Full Rankings for WSJ/Realtor.com’s Winter Emerging Housing Markets Index
Source: Mansion Global --- Affordable cities continue to dominate the housing market as rising mortgage rates have made most home purchases less affordable, pushing many buyers out. Homes are still sitting on the market longer, and more sellers are cutting prices. To...
Think the housing market is bad? It’s even worse for affordable housing builders
Source: Deseret News --- The U.S. housing market is in the midst of a painful contraction after 2022 brought a volatile end to about two boiling hot years. It’s tough news — especially for homebuilders — as demand dries up and prices flatline or even begin to drop....
New $45 Million Affordable Housing Development Breaks Ground in Midtown Houston
Feb. 3, 2023 (Staff Writer) -- The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, announced today that it has begun construction of a new $45 million affordable housing development that will create 149 affordable rental apartments for...
New Home Lot Inventory Jumps In 4Q22, Zonda Reports in Lot Supply Index
Feb. 3, 2023 (Staff Writer) -- Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 4Q22. The New Home LSI, backed by data from Zonda, shows lot supply loosened year-over-year across the United States. The index is a...
