Corelogic, Irvine, Calif., said “underwater” (negative equity) homes decreased by 24% year over year in the first quarter, while the average homeowner gained $33,400 in equity year over year.
HUD published an interim final rule on Thursday to restore implementation of the Fair Housing Act’s Affirmatively Furthering Fair Housing requirement, which was discontinued during the Trump Administration.
Initial claims for unemployment insurance fell for the sixth straight week, reaching the lowest level since before the coronavirus pandemic’s economic impact, the Labor Department reported Thursday.
U.S. commercial real estate investment increased in April, but not all pandemic-related problems are in the rearview mirror, reported Real Capital Analytics, New York.
Mortgage credit availability increased in May to its highest level since the onset of the coronavirus pandemic, but remained well below its 2019 peak levels, the Mortgage Bankers Association reported Thursday.