Sticking the ‘Soft Landing’ Remains a Difficult Task
Housing Activity Outlook Likely to be Similar Regardless of Soft Landing or Mild Recession Recent economic data has pointed to a stronger economy than previously expected, but the current business cycle contours still point
Black Knight’s First Look at July Mortgage Performance Data: Foreclosure Inventory Hits Lowest Level in 15 Months, While Serious Delinquencies Continue to Decline
While the national delinquency rate edged up 9 basis points in July to 3.21%, it was down 12 basis points year over year and remains within 12 basis points of March's record low Meanwhile,
First-time homeownership surges: Half of all home buyers are making their first purchase
New Zillow research finds the share of first-time buyers has hit 50%, the highest level in years Half of all home buyers are purchasing their first home, the highest share that Zillow has ever
Share of Mortgage Loans in Forbearance Decreases to 0.39% in July
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 5 basis points from 0.44% of servicers’ portfolio volume in the prior month
Fla.’s Housing Market: Median Prices Up, Inventory Improves in July
In July, Florida's housing market reported improving inventory levels (active listings) and statewide median sales prices consistent with values of a year ago, according to Florida Realtors®' latest housing data. "Buyers and sellers in Florida continue be challenged
CFPB Sues Installment Lending Conglomerate for Illegally Churning Loans to Harvest Hundreds of Millions in Loan Costs and Fees
A CURO Group Holdings Company, Heights Finance, formerly known as Southern Management Corporation, induced struggling customers into a fee-harvesting and loan-churning scheme Today, the Consumer Financial Protection Bureau (CFPB) sued Heights Finance Holding Company,
The Great Disappearing Recession
For about a year now we have been talking about the predominant forecast of market analysts which projected a recession as early as the second quarter of this year. And for a year we
Construction Industry 2023 Analysis – Market Sizing, Rate of Expansion, and Primary Drivers, By The Global Market Model From TBRC
A Comprehensive Global Construction Industry Overview: Major Leaders, Market Size, Growth Trends, Regional Analysis, and Forecast The growth of the global construction sector has remained relatively steady since the previous projection at the end
Realtor.com® July Rental Report: A Rising Number of Rentals Drives Down Rent Prices for Third Straight Month
Rents for studio units saw their first year-over-year decline since 2020 The Realtor.com® July Rental Report revealed a third consecutive month of better news for renters in many parts of the country, with a continued decline
California median home price registers first annual price gain in 9 months; statewide sales take a step back in July, C.A.R. reports
- Existing, single-family home sales totaled 269,180 in July on a seasonally adjusted annualized rate, down 3.0 percent from June and down 9.0 percent from July 2022. - July's statewide median home price was $832,340,