Compass must waive broker fees for the first 25 Section 8 renters who lease a property through the brokerage, said New York’s Attorney General, as part of the new terms to an April housing discrimination settlement. Continue reading
Demand for purchase loans fell 1 percent last week compared to the week before, and was down 41 percent from a year ago, according to a new Mortgage Bankers Association survey released Wednesday. Continue reading
The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday. Continue reading
This will go down as one of the most challenging years for non-owners who would like to enter the market to begin building equity. Livian’s Eric Forney offers insight and analysis as you navigate the challenges ahead. Continue reading
First-time homebuyers now make up 45 percent of all transactions, up from 37 percent of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday. Continue reading
Starting Thursday, homebuyers can scout down payment assistance programs on Redfin listings, thanks to the brokerage’s new partnership with Down Payment Resource. Continue reading
It’s still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn’t get worse, new data shows. Continue reading
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate. Continue reading
“Put simply, we do not have enough housing,” NAA President and CEO Bob Pinnegar says. He points to such factors as years of underbuilding and lack of affordability. Continue reading
Brooklyn renter Grace Pinegar’s $700 rent hike went viral over the weekend, with more than 745,000 viewers agreeing that the increase highlights what’s wrong with the U.S. rental market. Continue reading