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News Updates

US Annual Home Price Growth Continues Single-Digit Slide in February

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CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for February 2023. While annual U.S home price growth rose for the 133rd straight month in February, the 4.4% increase was the lowest recorded since 2019. Eight states and districts recorded annual home price losses, with much of the depreciation seen in the relatively expensive Western U.S., including California, Idaho, Oregon, Washington and

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Fannie Mae Expands Equitable Housing Finance Plan

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Innovations build on multi-year effort to drive equity in the housing industry Fannie Mae released its annual update to the 2022-2024 Equitable Housing Finance Plan. This plan is focused on knocking down barriers faced by underserved communities and further driving our mission of facilitating equitable and sustainable access to homeownership and quality affordable rental housing across America in a safe and sound manner. Fannie Mae’s Equitable Housing Finance Plan focuses on

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Endpoint Promotes Shawna Hernandez to Chief Operating Officer

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Endpoint, the digital title and settlement company on a mission to make the home closing process easy for all, announced it has promoted Shawna Hernandez to chief operating officer, a newly created role. As COO, Hernandez will lead the teams implementing Endpoint’s digital closing solutions and guide the company’s strategy to optimize and scale its operations. “Shawna has spent her career focused on improving the home closing experience, the final

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HOMEOWNERSHIP SLIGHTLY MORE AFFORDABLE IN U.S. DURING FIRST QUARTER OF 2023 AS HOUSING MARKET REMAINS STALLED

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Portion of Average Wages Consumed by Major Home-Ownership Costs Ticks Down to 30 Percent;  Affordability Improves as Nationwide Median Home Price Stays Flat;  Historic Affordability Still Weak Throughout U.S. ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Affordability Report showing that median-priced single-family homes and condos are less affordable in the first quarter of 2023 compared to historical averages in 94 percent of

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CROSS COUNTRY MOVERS LARGELY UNDETERRED BY RISING MORTGAGE RATES

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Redfin.com user search data shows that 14% fewer homebuyers looked to move within their own metro area in February than a year earlier, compared with a 4% drop for out-of-town movers The number of Redfin.com home searchers looking to relocate to a new metro fell 3.6% year over year in February, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares with a 14.4% drop in Redfin.com

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FarmTogether Study: Farmland Investing During Uncertain Times

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The study illustrates farmland’s historical resilience in the face of financial turbulence, demonstrated by the asset’s strong performance since the onset of the COVID-19 pandemic and subsequent market turbulence. Farmland investment manager FarmTogether released a new study that illustrates farmland’s historical resilience in the face of financial turbulence over the last three decades, demonstrated by the asset’s stable performance since the onset of the COVID-19 pandemic and subsequent market turbulence. The study,

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