Housing markets

Even with the cooling housing market, the percentage of equity-rich properties will keep increasing.

NMN rounds up the latest technology launches and partnerships between fintechs and lenders.

Housing values remain historically healthy, but the year-over-year slowdown seen during the month was the most severe seen since at least the 1970s, according to a new Black Knight analysis.

As soaring inflation and turbulence in public equities weigh on private markets, cash-hungry startups have raised capital through convertible notes, in part because they delay the need to lock in a fresh valuation.

At the same time, homes bought with FHA-backed loans accounted for the smallest share since 2007, according to an Attom sales report.

The deal also includes the Homefacts website

Consumer confidence has fallen as borrowing costs increase.

While housing costs were still up nationwide, Pacific states saw the most rapid pace of moderation on an annual basis, a Federal Housing Finance Agency study found.

The market has shown signs of cooling down as sellers slash prices and homes linger longer.

Increased purchases among property investors and build-to-rent buyers is just part of what's driving competition these days.

But the Mortgage Bankers Association still expects the dollar volume of purchase originations to increase from 2022 to 2024 compared with 2021.

Mortgage rates have pushed up costs to buying a new house even more.

New single-family home mortgage applications, housing starts and industry sentiment all came in at their lowest since 2020.

But these expenditures are still expected to increase by over 10% compared to 2021, which is more than double the 5% historical average, the Joint Center for Housing Studies of Harvard University said.

Buyers who are not U.S. citizens increased by 9% over the past year, the first jump since the pandemic started.

Still, executives expect to see more opportunities in single-family rentals in the next few months.

Home sales were down by 17% in June, while inventory increased over 27%, compared to numbers from one year ago, according to Remax.

Both the 203(k) and Title 1 programs have not gotten attention by the agency for quite some time, senior officials admitted during a briefing.