Multifamily Renters Are Four Months Behind on Payments, Analysis Shows During a five-year period, approximately 7 million Americans lost their homes to foreclosure during the mortgage crisis and Great Recession....
Financing Is This the End of Low Mortgage Rates? For the first time in seven months, the rate for a 15-year fixed mortgage increased. The average contract interest rate for a 30-year fixed...
Market Data + Trends Forget the Turkey, Buyers Were Hungry for Homes Last Week Homebuyers appeared to be less impressed with their turkey and pumpkin pie last week as mortgage demand spiked 9% compared to the previous...
Affordability Pandemic Likely to Further Strain Cost-Burdened Homeowners The number of homeowners that were cost-burdened dropped 9% overall during the past nine years, but low-income households only experienced...
Financials Homeownership Wealth Gains for Second Quarter of 2020 Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. In the bottom 20%...
Demographics Banks Step in to Shrink Black Homeownership Gap More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one...
Market Data + Trends September Ends 4-Month Spree of Increased Pending Home Sales A drop in pending home sales for September may be a signal that rising home prices are too much for buyers. CNBC says the number of signed...
Business Management 4 Ways to Reduce Construction Costs 2020 has been a roller-coaster ride. To combat rising construction prices, it's time for builders to look for new ways to cut expenses
Coronavirus Resources and Information Will Expiring Eviction Moratoriums Spur a Housing Crisis? While federal and local eviction moratoriums are protecting many from eviction, there remains a large number of renters who have been unable...
Economics Mortgage Rates Hit New Bottom for 10th Time For the 10th time this year, mortgage rates dropped to record lows. When will it stop? That’s up to the economy’s recovery, says Realtor.com...
