MBA Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19
Home equity loan debt outstanding and borrower utilization rates declined in 2019, and mortgage lenders anticipate originations to fall again...
National
Housing Affordability: 18-Month Low Due to Lack of Supply and Higher Prices
Housing affordability reached an 18-month low in the second quarter of 2020, according to the National Association of Home Builders...
Low Housing Stock and Large Down Payments Stand in the Way of the Next Generation of AAPI Homebuyers
The Asian Real Estate Association of America (AREAA) is a national non-profit trade organization dedicated to improving the lives of...
Rental Industry Could Take a Hit If COVID Aid Is Not Extended
Due to the coronavirus pandemic, millions of Americans filed for unemployment benefits over the past several months. This aid was...
Black Applicants Face Added Obstacles in Mortgage Process
While the industry continues to make strides to increase equality in homeownership, it is not yet a level playing field...
Pending Home Sales Slowing, But Prices Still Rising
Pending sales are slowing entering the last summer month, likely due to seasonal trends, according to Zillow's Weekly Market Report....
Survey: How Agents Feel About the State of the Real Estate Market During COVID
As the real estate industry has been impacted by the negative effects of COVID-19, we surveyed agents to see how...
Despite Pandemic, June Marks Two Consecutive Months of Increased Contract Activity
The recent flare-up in COVID cases hasn't slowed the U.S. housing markets, according to the latest Pending Home Sales Index...
Case Shiller: May Posts 4.5 Percent Annual Home Price Gain
In May, home prices increased 4.5 percent YoY, down from 4.6 percent in the previous month, according to the most...
Homeownership Rises and Vacancy Rates Drop
Vacancy rates have decreased over the past year, according to Census reporting. For the second quarter of 2020, national vacancy...
How to Calm Jittery Sellers When Similar Homes Close by Are Also for Sale
While you as the seller’s agent or broker understand all the intricacies and strategies of working a listing, your clients very likely are first-timers, vulnerable to emotions and worrisome opinions precisely because they don’t have prior experience. Read more.
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