Hits
Housing Inventory Hits Highest Level Since May 2020
With fall approaching, home shoppers will see a plethora of options this buying season as housing inventory hits the highest level seen since May 2020, according to Realtor.com® data. Realtor.com®’s August Housing Trends Report found that the number of homes actively for sale grew by 35.8% year-over-year, the 10th straight month of growth and the… […]
Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Leadership at Fannie Mae is highlighting the use of AI as a possible way to “get out of repurchases altogether,” according to National Mortgage News. At a Mortgage Bankers Association (MBA) conference last week, executives… […]
Existing Home Price Appreciation Hits All-Time High and New Home Sales Bounce Back
Economic and Housing Weekly Note – April 23, 2021…(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web
First-time Buyer Share Declines to 31% in September 2020 But Still Hits 2 Million
Amid more intense buyer competition, rising prices, and higher credit qualifications, the share of first-time buyers continued to decline to 31% in September. www.nar.realtor – Research