Pending Home Sales Numbers Continue Recent Slide
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in August, the third month in a row and the ninth time it…
Author: DS News
HUD Offers Assistance to Victims of Hurricane Fiona
In an effort to assist in the recovery after Hurricane Fiona made landfall, the Department has issued a new set of waivers offering regulatory and…
Snapshot: How GSE Programs Have Helped Homeowners Since 2008
The Federal Housing Finance Agency (FHFA) has announced that its 2022 Foreclosure Prevention and Refinance Report found that Fannie Mae and Freddie Mac (the GSEs)…
Luxury Home Purchases Slide to New Lows
With mortgage rates hitting 14-year highs and inflationary woes lingering, high-end homebuyers are backing off from purchasing luxury homes nationwide, with a near 30% drop-off…
Predicting the Future of Hispanic Homeownership
Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. But amidst a tight housing market, potential Hispanic homebuyers, —especially…
Home Price Growth Decelerates in July
According to S&P CoreLogic Case-Shiller home prices experienced a near 16% annual gain in July, a total that slid 2.3% month-over-month, as the Fed continues…
Fannie Mae Executes Ninth Credit Insurance Risk Transfer of 2022
Fannie Mae has executed its ninth Credit Insurance Risk Transfer (CIRT) transactions of 2022. CIRTs are part of the GSEs’ ongoing effort to reduce taxpayer…
Small Towns Flaunt Million-Dollar Properties
Home prices may seem as if they’re declining in some parts of the country, but they’ve also dramatically risen over the past two and a…