Housing markets

Rising property values continue to buffer mortgagors against negative equity situations, Corelogic said.

Homeownership affordability reached its lowest since at least 2006 in October, and still hovers near that level, according to an index from the Federal Reserve Bank of Atlanta.

The latest inflation news is almost sure to result in a 25 basis point cut next week, but some are still hoping for 50 basis points, as well as reductions totaling almost 200 basis points through the end of 2025, Wolters Kluwer found.

Lower inflation doesn't equate to lower prices, and costs of living may still be higher than pre-pandemic, especially rents. But the varying cooldown could help.

Home selling sentiment was mostly unchanged, even though some shifts appeared on a regional basis, according to the latest Fannie Mae research.

Realpha, which currently does business in 20 Florida counties using its AI agent, is buying Be My Neighbor, a mortgage broker active in 26 states.

Subsidies for first-time homebuyers, such as the one proposed by Democratic Presidential nominee Kamala Harris, will only stoke demand and exacerbate the crisis, writes the chairman of Whalen Global Advisors.

Growth in housing costs should slow down over the next two years, but projections for 2024 were revised upward in a Fannie Mae survey of experts.

The case over a federal investigation is unrelated to the trade group's recent commissions changes.

A gauge of pending U.S. sales of existing homes sunk in July to the lowest level on record, as high prices and borrowing costs continue to scare buyers away.