CBS News, Aug. 13, 2024-Megan CerulloOshkosh, Wisconsin, the home of popular children’s brand OshKosh B’Gosh, now has a new claim to fame. The midwestern city boasts the hottest real estate …
Category: Top National News
White House Rolls Out Funding to Boost Affordable Housing
American Banker, Aug. 13, 2024-Kyle CampbellThe White House’s latest effort to address the national housing crisis takes aim at red tape at the state and local levels.Click here for more …
Housing Market Affordability is So Strained That Adjustable-Rate Mortgages are Coming Back
Fast Company, Aug. 13, 2024–Lance LambertAs mortgage rates have risen, so has the share of U.S. borrowers opting to take out adjustable-rate mortgages (ARMs). In 2021, just 4% of mortgage …
San Francisco Is Sinking in Bad Hotel Debt
The Wall Street Journal, Aug. 11, 2024-Neil MehtaSan Francisco’s hospitality business imploded during the pandemic. Now, its hotel owners are drowning in bad debt as never before.Click here for more …
Homeowners Insurance a Hidden Risk for Secondary Market
National Mortgage News, Aug. 12, 2024-Brad FinkelsteinHomeowners insurance is labeled as one of the hidden costs for property owners, and their escalating prices could have an impact on the secondary …
There’s Finally Some Good News on Refis. What’s Next?
National Mortgage News, Aug. 12, 2024-Brad FinkelsteinRefinance volume made up 17% of rate locks in July, the most activity in nearly two years, according to Optimal Blue, but early August …
Housing Market Has Gotten Better for Buyers in Two Ways
Newsweek, Aug. 12, 2024-Omar MohammedA decline in mortgage rates and a drop in house prices is giving buyers a potential path to securing path to homeownership after months where the …
It Was a Hot Real Estate Trade. Now Investors Are Worried.
The New York Times, Aug. 12, 2024-Maureen FarrellGiven the opportunity to park money with the world’s largest private equity firms, ordinary investors rushed in. Getting out might not be so …
Boomers Buying Houses Had It Bad in the ’80s. Millennials Have It Worse.
Wall Street Journal, Aug. 12, 2024–Nicole FriedmanToday’s housing market is the most difficult in decades, a great frustration for millennials and Gen Zers looking for a starter home. Baby boomers …
Texas’ Housing Market Hits Troubling Milestone as Inventory Triples
Newsweek, Aug. 9, 2024-Giulia CarbonaroHousing inventory levels across Texas have reached the highest level since at least 2017, according to market expert Nick Gerli, a record which he suggests will …