Monthly Archives: May 2023

With 58% of recent homebuyers saying they overpaid, 62% have struggled to pay their monthly mortgage on time — and almost all (93%) say they have regrets.

Despite the market cooling off a bit in 2023, three-fourths of recent home buyers

• Support is growing among both homeowners and renters for “modest densification” or “missing middle” housing.
• New housing types, including medium to large apartment buildings, gain majority support if built near transit and amenities.
• 70% of respondents believe new
  

• That outpaced a 41% drop in overall home purchases. Investors retreated as rising interest rates and falling home values shrank potential profits. 

• Still, investors bought up 18% of homes that sold. That’s down from a peak of
  

S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for March 2023 show a continuing recovery in housing prices, as all 20 major

Marking Memorial Day, retired Army Spc. Evan Marcy, a Purple Heart recipient who lost his left leg in combat in Afghanistan, is set to receive a mortgage-free home from Building Homes for Heroes, the nonprofit announced today at a Bronx fire

• Asian mortgage applicants have low denial rates overall, but those who are denied are disproportionately denied because of a high debt-to-income ratio (DTI).
• Largely concentrated in more expensive areas, Asian mortgage borrowers in 2022 purchased homes that were
  

Fannie Mae (FNMA/OTCQB) is reminding homeowners and renters impacted by natural disasters, including those affected by Typhoon Mawar in Guam, of available mortgage assistance and disaster relief options. Mortgage servicers are also reminded of these options to assist people, especially

Count of Vacant Homes in Foreclosure Increases for Fifth Straight Quarter;
Zombie Properties Comprise Largest Portion of All Homes Since Before COVID Pandemic;
But Just One of Every 11,600 Residential Properties Nationwide Sits Empty in Foreclosure

Colorado Springs and Spokane named best areas for recent college graduates in new Zillow study analyzing rent-to-income ratio and job prospects