Homebuyer sentiment ticks up again on signs of market top
More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae
by Matt Carter Jan 9
Surveys show impact of mortgage 'lock-in effect' on seller psychology
Harris Poll: 71% of Americans would be hesitant to move due to economic uncertainty over concerns such as interest rates, inflation or a recession
by Matt Carter Dec 8
Home price declines leave 450,000 borrowers underwater
Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor
by Matt Carter Dec 5
Fannie and Freddie get green light to buy $1M mortgages
The big run-up in home prices may have cooled, but the 2023 conforming loan limit will be increased by 12% to $726,200 in most parts of the country
by Matt Carter Nov 29
'Affordable housing makes good business sense': EXIT co-chair
Opinion
Homeownership plays an outsized role in wealth building, but a lack of affordable housing is keeping it out of reach for too many Americans. That's bad for business
by Tami Bonnell Nov 8
Why is proptech being used to make housing less affordable?
Opinion
Housing fills a basic human need, so why is proptech being used to enrich the few rather than to benefit the many?
by Teresa Boardman Oct 13
For the first time, Fannie Mae now expects home prices to fall next year
Economists at Fannie Mae project national home prices to decline by 1.5% and home sales by 21% in 2023 as Fed continues inflation fight
by Matt Carter Oct 12
More homebuyers think prices will go down in the next year than up
Survey shows homebuyer sentiment falling for the 7th month in a row as high home prices and mortgage rates weigh on affordability, according to Fannie Mae’s latest National Housing Survey
by Matt Carter Oct 10
US housing markets considered 'overvalued' quadrupled in 2022
Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial Corp.
by Matt Carter Sep 28
Home sales fall for 5th month as median prices hit record high
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
by Ben Verde Jul 20
PadSplit's co-living housing model launches in Orlando and Las Vegas
These 2 big cities are major resort markets, expanding quickly and in need of affordable housing to accommodate their massive service industries
by Craig C. Rowe Jul 19
It’s up to us to keep the American dream alive and well
Opinion
To keep the American experiment vital and vibrant, we need buy-in from folks who are getting overlooked in the current market
by Troy Palmquist Jul 2
Recognizing the distance we have yet to travel toward full equality
Opinion
To fulfill the promise of our founders, and of Juneteenth, it's time to prioritize affordability and access for Black Americans
by Carl Medford Jun 22
Tom Ferry talks housing, marketing: The Real Word
Opinion
This week, Byron Lazine and Nicole White welcome Tom Ferry to discuss housing bubble talk, home affordability and marketing
by Byron Lazine May 20
Gender pay gap reduces housing choices for women by 18%: Zillow
The typical woman has an annual median income of $38,620 — roughly $15,000 less than the typical male. That income gap, Zillow said, reduces women's housing choices by 18%
by Marian McPherson Mar 31