Housing markets

It's less expensive to rent in 45 of the nation's 50 largest metros, a ratio that has grown significantly since the end of 2021, according to Realtor.com.

Although housing values have noticeably flattened in recent months, the share of buyers expecting the search for a new residence to become harder grew, according to the National Association of Home Builders.

Prices also fell roughly 0.3% in November from a month before, according to a seasonally adjusted data of national prices from S&P CoreLogic Case-Shiller.

The bank holding company is taking the business purpose lender into the corporate fold and out of its own silo, executives said.

The National Association of Realtors index of contract signings to purchase previously owned homes increased 2.5% in December to 76.9, according to a release Friday.

The Federal Housing Finance Agency will be looking at the government-sponsored enterprises as a means of doing more to address renter affordability challenges.

Despite the significant annual increase, home buyers saw signs of affordability returning in the latter months of the year.

Sales of new U.S. homes rose for a third month in December, wrapping up an otherwise disappointing year in which soaring borrowing costs stifled demand and weighed on the economy.

Approximately 20 million U.S. residents – the majority of which were Gen Zers – took out their first debt product between the start of 2019 and mid-2022, a TransUnion study found.

Shares of the digital real estate company fell as much as 16% Wednesday.

Northern and East Coast towns have replaced hotspots of the past two years in Florida and the Rocky Mountains region.

During a hearing on racial bias in home valuation, the head of the Consumer Financial Protection Bureau questions the Appraisal Foundation's "weird" regulatory structure.

The action fulfills a promise made previously by the Department of Housing and Urban Development to add an overarching framework for maintaining equitable practices.

The Federal Reserve's focus on what's happening in the labor market makes an economic downturn likely, but many watching the markets expect a policy easing in the second half of the year and growth following that.

Sales of previously owned U.S. homes fell in December to the slowest pace in over a decade, capping one of the housing market's worst years on record amid a rapid jump in mortgage rates.

To monitor the health of lenders still operating, industry watchers should observe firms' abilities to meet covenant requirements, renew warehouse lines of credits and their activity in the mortgage servicing rights market, said Brian Brown, chief financial officer at Rocket Companies.

Generally positive news about the U.S. economy helped push rates lower, but worries about Congressional infighting over the debt ceiling could reverse the trend, Freddie Mac and Zillow said.

But lower mortgage rates and better traffic have made homebuilders a bit more optimistic, the Mortgage Bankers Association said.

New U.S. home construction declined for a fourth-straight month in December, wrapping up a disappointing year for an industry that saw annual housing starts fall for the first time since 2009.

Gen Zers and millennials want to "test drive" potential long-term living arrangements and neighborhoods, Javelin Strategy and Research found in a recent survey.