Surprise announcement comes on same day Biden administration rolls out $7.3T budget proposal that would provide $258B to expand access to affordable housing
Inventory remains elevated at 9.5-month supply
NAR: Tight credit, low appraisals holding back sales
Inventory is up 13.6% in 26 major markets
Average discount falls for preforeclosure properties
GAO puts bill for program at $22 billion through 2019
July's dismal housing numbers revive debate
Some submarkets run counter to national trend
Big Q2 profit puts franchisor in the black for year to date
Respondents cite tough job market, shadow inventory
Company reports 17% revenue growth
Some markets will hardly notice absence of stimulus
20-city Case-Shiller index rises 4.6% year-over-year in May
Refinancings account for nearly 8 in 10 mortgage applications
Closing deadline for homebuyer tax credits pushed to Sept. 30