Housing markets

The business hit a major snag in recent months as the company’s algorithms caused it to overpay for houses just as the heated U.S. market began to cool slightly, forcing it to list properties at a loss.

Values are predicted to increase by just a fraction of the rate they had in 2020, CoreLogic said.

The standards, if finalized, could shed light on how Fannie Mae and Freddie Mac are complying with the Federal Housing Finance Agency's new capital framework.

On Tuesday, lumber futures were trading around $735.70 per 1,000 board feet in Chicago, more than double the pre-pandemic five-year average around $356.

Sales of new U.S. homes increased in September to the highest level in six months, underscoring solid underlying demand.

U.S. home prices jumped 19.8% in August, the latest in a string of massive gains in the pandemic real estate market.

The inventory shortage is a likely driver of an increased willingness to consider a house where suspected paranormal activity occurred.

Average incomes for this age group increased by 24% since 2012, but housing prices jumped 86%.

No city exemplifies the mania of the COVID-era U.S. housing market better than Boise, Idaho, where prices have surged by more than 30% in the past year. But in a sudden reversal, buyers are now the ones with power.

Seasonal patterns are also playing a part in the slowdown in buyer demand, the company said.

The median selling price of an existing house rose 13.3% in September from a year ago, the smallest annual price increase since the end of 2020.

Counties in the West faced the least risk from pandemic distress in the third quarter, according to Attom Data Solutions.

Taking a consistent, equitable and borrower-friendly approach could go a long way toward compliance, but mortgage companies and attorneys expect the devil will be in the details.

Listing times, price appreciation and inventory of for-sale homes all made incremental gains in favor of buyers, according to Zillow

While September's single-family starts were unchanged from the prior month, multifamily activity fell 5%, according to government data.

The company blamed its decision to stop new acquisitions for the rest of the year on the labor shortages roiling the U.S. economy.

Cities in Texas and the South issued the largest number for single-family housing, with all regions seeing consistent yearly growth.

Inflation, supply chain issues and labor shortages will lead to a tightening by the Fed sooner rather than later.

The lack of inventory pushed the median housing price to double-digit annual growth for the 14th straight month, according to Redfin.

The drop over the 30-day period was in line with a large number of plan expiration dates, and occurred despite the extension of an initial filing deadline for government loans.