First American

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 …

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’ …

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.

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.