MBA RIHA: Baby Boomer Homeowners’ Mortality Expected to Have Minimal Impact on Housing Supply and Prices
More than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population growth and younger-generation households should lead to minimal excess housing supply and have no measurable reduction in home prices.
MISMO®, the real estate finance industry's standards organization, seeks public comment on an implementation guide for its new SMART Doc® Version 3 Verifiable Profile standard.
ATTOM, Irvine, Calif., said median-priced single-family homes and condos are less affordable in the second quarter compared to historical averages in nearly all U.S. counties.
Real Capital Analytics, New York, reported U.S. commercial property price growth held steady in May, supported by price gains in the industrial and apartment sectors.
Redfin, Seattle, said demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4 percent from before the pandemic in May.