Rising home prices boost demand for jumbo mortgages

Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Continue reading

Frontline workers are at greatest risk of housing shortage

A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading

How far $1,200 will go for renters and homeowners in 50 US cities

Over 75 percent of U.S. renters and almost 50 percent of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin Continue reading

Working remotely allows more opportunities for affordable housing

Sixty percent of individuals who work remotely to some degree reported an increase in affordability after relocating, according to a study by Redfin. Continue reading

Americans aren’t waiting for marriage to buy a home: Study

According to a study released by co-ownership platform Haus, the share of single homeowners has reached an 118-year high of 39.8 percent. Continue reading

For-sale housing shortage is driving up rental prices

A lack of affordable for-sale housing is “placing pressure” on the rental market and driving up rent, according to Apartment Guide’s Rent Report 2020. Continue reading

84% of Americans say homeownership is a ‘priority’

Despite rising prices and personal finance issues, the majority of Americans are optimistic about homeownership, according to NerdWallet’s 2020 Home Buyer Report Continue reading

Oregon’s biggest city is clashing over controversial proposal to upzone

The Portland City Council gave the public 2 days to comment on plans to change zoning in residential neighborhoods. Residents still showed up hours early to testify. Continue reading

The 10 up-and-coming markets expected to boom by 2025

According to a National Association of Realtors report, healthy job growth, affordable housing and strong home price appreciation will make these metros homebuying hotspots over the next decade. Continue reading