Affordable homeownership opportunities continue to be an elusive object in the housing market, according to First American Financial Corp.’s newly-released First American Real House Price Index (RHPI) for June. The report measures the price changes of single-family properties throughout the nation, adjusted for the impact of income and interest rate changes on consumer house-buying power over time … The post Housing Market …
Read More »‘Foreclosure Tsunami’ Fears Might be Faulty—Here’s Why
Foreclosures will still happen, but, consider the two-step foreclosure process to understand why this recession is different. As COVID-19 swept America, economic activity declined, and the unemployment rate spiked to 14.4 percent in April (and remains elevated today), some pundits predicted that up to 30% of homeowners would require forbearance, ultimately leading to a “foreclosure … The post ‘Foreclosure Tsunami’ …
Read More »Could Fears of ‘Foreclosure Tsunami’ Be Unfounded?
Foreclosures will still happen, but consider the two-step foreclosure process to understand why this recession may be different. The post Could Fears of ‘Foreclosure Tsunami’ Be Unfounded? appeared first on DSNews.
Read More »Housing Market Heats Up, Inventory Still Lags Behind
While the summer months are seeing a strong market, the gap between supply and demand only continues to grow. Click through for details. The post Housing Market Heats Up, Inventory Still Lags Behind appeared first on DSNews.
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