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Mortgage Market Is Unprepared for Climate Risk, Says Industry Report
The mortgage market is unprepared for the multifold physical and financial risks related to climate change, according to the Mortgage Bankers Association.
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Why Renters Are Struggling So Much Now
The present troubles for renters are explained in large part by inequities that predate the Covid pandemic.
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Existing Home Sales Fall 2% as First-Time Buyers Are Priced Out
The share of first-time buyers fell to just 29% of all sales, the lowest since January 2019.
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Stronger Mortgage Demand Points to September Surge in Home Sales
Mortgage demand rose last week as more buyers came into the housing market.
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Rep. Bush, Sen. Warren Introduce Bill to Reinstate Federal Eviction Moratorium
The legislation from Cori Bush and Elizabeth Warren comes after the Supreme Court shot down a Biden administration eviction moratorium.
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Homebuilder Sentiment Improves for First Time in Three Months After a Big Drop in Lumber Prices
Homebuilder sentiment improved for the first time in three months as lumber prices eased.
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Artificial Intelligence Is Taking Over Real Estate – Here's What That Means for Homebuyers
Real estate companies are increasingly using artificial intelligence in every aspect of buying, selling and home financing.
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China's Embattled Developer Evergrande Is on the Brink of Default. Here's Why It Matters
Evergrande has warned investors twice in as many weeks that it could default on its debts.
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Mortgage Demand From Homebuyers Jumps to Highest Level Since April, After New Listings Rise All Summer
Potential homebuyers are coming back to the market as listings rise.
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China's Indebted Property Firm Evergrande Committed Two ‘Cardinal Sins,' Says Portfolio Manager
Problems at China’s indebted property developer Evergrande have escalated in recent weeks.
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America Is Short More Than 5 Million Homes, and Builders Can't Make Up the Difference
The supply of homes for sale is near a record low, and the gap between supply and demand is widening as homebuilders struggle to keep up.
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Indebted Developer China Evergrande Says Property Sales Continue to Drop, Warns Again It Could Default
Ratings agencies have repeatedly downgraded Evergrande since last year as the world’s most indebted property developer struggles to remain liquid.
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The Number of Struggling Renters Isn't Dropping
Even with the darkest days of the pandemic behind us, the number of renters in financial trouble isn’t dropping.
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Covid Mortgage Bailouts Are Expiring Fast, But Here's Why a Foreclosure Crisis Is Unlikely
High levels of home equity will keep most borrowers who are behind on their payments due to Covid from going into foreclosure.
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Mortgage Demand Falls to Lowest in Two Months as Rates Stagnate
Mortgage demand didn’t move much as interest rates are stuck in a holding pattern.
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48% of Renters Worry They Won't Ever Be Able to Buy a Home, Survey Finds
Some 48% of renters say they won’t be able to buy a home in their lifetimes, according to a survey. That concern is largest among Gen X and millennial renters.
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Unemployment Benefits Ended for Millions of Americans. These Extended Pandemic Programs May Provide Help
Federal unemployment programs ended this weekend, cutting benefits for millions of Americans. These other programs may help some stay afloat.
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Homebuyers Aren't Taking Climate Change Seriously, Says Redfin CEO
“The buyers just keep marching into the jaws of destruction,” Redfin CEO Glenn Kelman told CNBC on Friday.
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‘Property Market on Steroids': Asia-Pacific's Real Estate Boom Sees Buyers Bidding Up Prices
Analysts and real estate agents say competition among home buyers is heating up, causing property prices to shoot through the roof.
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Housing Advocates Warn of ‘Perfect Storm' for Tenants as Eviction Bans, Unemployment Benefits End
With the nationwide eviction ban overturned and the expiration of some unemployment benefits, vulnerable tenants should apply for emergency rental assistance.
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