A new data study from Zillow (NASDAQ: Z, ZG) found 62% of Black homebuyers purchased their first home in 2024, just slightly below the record 63% level in 2023. In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023. Zillow...
January saw a month-over-month spike in new listings, up 53.7% over December, although on a year-over-year measurement the level was down by a scant 0.1%, according to the latest national housing report from RE/MAX Holdings (NYSE: RMAX). Inventory last month was up 5%...
Single-family housing starts in January were at a rate of 993,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.4% below the revised December figure of 1.08 million. Privately-owned housing starts in...
Mortgage application activity and mortgage forbearance levels are falling, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.6% on a seasonally adjusted...
The fintech and investment platform Nada has rolled out its US Home Equity Fund I (US HEF), a fund designed to provide qualified investors with direct exposure to the $35 trillion US home equity market through a diversified portfolio of Home Equity Agreements (HEAs)....