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Home prices grew in 93% of markets in Q1 2024: NAR May. 08th 2024
Home prices trended up in the first quarter of the year in almost all of the 221 U.S. metro areas analyzed by the trade group .
How housing credit is shaping housing inventory May. 08th 2024
When we look at why home prices escalated after 2020, we can see that housing credit mattered more to inventory data than most people realize.
ADU options set to expand in California May. 07th 2024
Housing startup BOXABL is now approved to sell a factory-built accessory dwelling unit in California, which could increase the supply of affordable homes.
Annual home price gains reach 5.3% in March: CoreLogic May. 07th 2024
U.S. single-family home prices continued their upward trajectory in March, marking the 146th consecutive month of annualized gains.
NAR magazine devotes space to reverse mortgages and seniors May. 07th 2024
More reverse mortgage loan officers have been seeking real estate agent referral partnerships to discuss the HECM for Purchase program.
White House, HUD announce $5.5B in housing and community development grants May. 07th 2024
The funding will be distributed across all 50 states to address affordable housing supply, homelessness, substance use disorder and more.
Home price signals point to flat growth May. 06th 2024
Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding.
U.S. mortgage holders post record levels of home equity: ICE May. 06th 2024
Nationwide equity on mortgaged homes soared to a record $16.9 trillion in the first quarter of 2024, with $11 trillion available for leverage.
Congressional lawmakers form bipartisan real estate caucus May. 06th 2024
Two Democrats and two Republicans have formed the new real estate caucus, which is supported by a total of 11 housing trade groups.
Did lower mortgage rates slow housing inventory growth? May. 04th 2024
After two weeks of significant increases, my model for inventory growth with higher mortgage rates came crashing down last week.