Keeping you informed with the latest news and issues impacting the real estate industry.
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FHA Expands Assistance for Borrowers to Make Mortgage Payments

The Federal Housing Administration (FHA) recently announced that it is expanding and enhancing its set of loss mitigation options used to help borrowers struggling to make mortgage payments on their FHA-insured mortgages.

Starter Home Prices on the Rise, Luxury Prices Slump: Report

Prices of starter homes, which defines as all two-bedroom listings, have been on a relatively steady and upswing since early 2020 as cash-strapped buyers competed for a limited supply of more affordably priced properties.

Survey Finds Americans are Wildly Misinformed on the Housing Market

A new survey finds Americans are misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. 

2022 was Slowest Year for U.S. Home Sales in Nearly a Decade

U.S. home sales tumbled to the slowest pace in nearly a decade as soaring mortgage rates and sky high prices in 2022 pushed homeownership out of reach for many Americans, according to the National Association of Realtors.