Homeowners rely on water for everything from drinking to cleaning to landscape irrigation. This article provides tips on how to decrease water usage, save money and preserve this vital resource by making changes to appliances, plumbing fixtures, hot water heaters and more – and how lenders can offer mortgage options that help finance these efficiency updates. Learn More.
There are some significant benefits associated with refinancing, yet a disproportionate number of Black and Hispanic Americans don’t pursue the option. Discover what industry stakeholders can do to help broaden the funnel of homeowners looking to refinance, thereby increasing homeowner equity for minorities. Read More.
The shortage of new construction homes coupled with high demand for existing supply has driven up the prices of affordable properties, making homeownership difficult for borrowers below the Area Median Income (AMI). This article explores how getting vacant and distressed properties back on the market can help address this challenge. Learn More.
Nearly four million affordable housing units are needed to close the housing gap. Such a number begs the question: How can housing professionals collaborate across the ecosystem to help establish solid, sustainable pathways to affordable homeownership? This article looks at leveraging shared equity programs to address the housing gap. Read More.
Accessory dwelling units (ADUs) could be one answer to affordability and housing supply challenges. Known colloquially as “granny flats,” “in-law apartments,” “carriage houses,” and “secondary suites,” an ADU is a smaller, independent residential structure on the same lot as a single-family home. Discover the benefits that ADUs are poised to provide to homeowners, renters and communities. Read More.
The share of homes purchased by investors peaked last October with the highest monthly percentage observed in CoreLogic data history (26.9%). But by December, the investment surge mirrored house price growth and investor share fell to 20.4%.
The Mountain-West region is the hottest housing market in the country, and according to the S&P CoreLogic Case-Shiller Home Price Index, Phoenix (followed by Denver and Boise) had the fastest year-over-year appreciation.
National home prices soared in 2021, pushed up by strong demand and a limited supply of properties for sale. CoreLogic economist Molly Boesel offers a closer look, including how the numbers stack up when adjusted for inflation.
CoreLogic chief economist Dr. Frank Nothaft discusses recent price indexes showing inflation is at a 40-year high. He looks at how supply chain disruptions have spiked prices in consumer goods and construction costs, and has delayed home completions.
The real savings that many potential buyers expected from record low interest rates were quickly outstripped by the pandemic-fueled housing demand and price increases that followed a temporary market shutdown.