National News
Urban Institute recently identified a lack of small-dollar mortgages for single-family home purchases. When a shortage of these small loans is present, it is more difficult for those with sufficient credit to find affordable homeownership opportunities in low-cost housing
Wells Fargo agreed to pay a $2.1 billion fine in order to settle allegations of misrepresenting the types of mortgages the company sold to investors during the housing crisis, according to the Chicago Sun Times. Although the amount seems
Builders continue to show confidence in the 55+ housing market as the second quarter index increases to 67, one point up from last quarter. According to survey results, the National Association of Home Builders (NAHB) 55+ Housing Market Index
In 2017, the real estate industry saw almost $1 billion in attempted or diverted funds from buyers, sellers, title companies and escrow agencies into the pockets of online hackers. Wire transfer fraud is not a new problem for the
In today’s digital age, novel inventions that once seemed like an unrealistic dream such as self-driving cars and virtual reality have become an integral part of everyday life. Just as Tesla is revolutionizing the automobile industry, smart homes are
The lack of inventory has been troubling on the housing market, but a new report shows some areas in the U.S. are seeing an increase in inventory. Realtor.com released its Monthly Housing Trend report for July 2018, and according
As much as we like to talk about “curb appeal”, the interior design of a home is just as important to buyers and sellers. For sellers, a home’s design needs to be inviting, warm, and reflect what buyers are
Recent trends in the housing market suggest that couples are reversing what used to be considered the norm: They are buying homes before getting married. The share of unmarried homeowners has spiked significantly in recent years, according to a
In a last-ditch effort to maintain a longstanding form of flood insurance for homeowners, the Senate passed another short-term extension of the National Flood Insurance Program (NFIP) on the day that the current program was set to expire, according
Owning a home is a substantial part of the American dream, but what will that dream look like for the next generation of Americans? A new report from Porch predicts what new housing trends will dominate the housing market
While the price of building a new home may be more than the cost to buy a pre-owned one, building a home allows buyers to design it to their exact specifications. According to a Trulia study, 41 percent of
The Great Recession hit all generations hard, but now experts are finding that those affected by the recession are on the upswing. Millennials, Gen Xers, baby boomers and the Silent generation all experienced hardships as a result of the
As home prices continue to reach record-high levels, even modest increases in the inventory of homes for sale have not been enough to improve the picture for homebuyers in the second half of 2018. But winds could be shifting
The U.S. Census Bureau’s latest report on the national homeownership rate updated through the second quarter of 2018 showed no statistically significant change in the figure from the previous quarter or the same time last year. The rate stood
In the second quarter of 2018, fewer people said they plan to buy a home in the next 12 months than recorded in previous quarters, according to the National Association of Builders Housing Trends Report. Just 14 percent of
The worst of 2018’s inventory crunch may be coming to an end, according to recent data from the NAR’s pending home sales report. Nationally, the pending home sales index (PHSI) saw a 0.9 percent uptick in June, jumping from
