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High Mortgage Rates Remain Primary Impediment to Housing Sentiment

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HPSI Breaks Consecutive-Decline Streak but Remains Just Above All-Time Low The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.6 points in November to 57.3, its first increase in nine months, though it remains just above the all-time low set last month and significantly lower than its level at this time last year. Four of the index’s six components increased modestly month over month, including those associated with homebuying and home-selling conditions; however,

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SVN | SFR Capital Management and Marketplace Homes Announce U.S. Build-for-Rent and Scattered Home Investment Joint Venture

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Provides end-to-end acquisition, asset management, maintenance and resident care for BFR and SFR rentals nationwide Build-for-Rent (“BFR”) commercial real estate investment firm SVN | SFR Capital Management (“SVN | SFR”) announced it has entered into a joint venture agreement to acquire, own and operate rental homes with Marketplace Homes, a national brokerage and property management company. The joint venture will operate under the ‘Curbside Residential’ brand and integrate Marketplace Homes’ end-to-end property management, asset

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Mid-Atlantic States, California and Illinois More Vulnerable to Housing Market Declines in Q3

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Risk of Potential Downturns Highest in New York City, Chicago and Philadelphia;Other At-Risk Markets Scattered Along Eastern Seaboard and Inland California;While South Region Still Less Vulnerable ATTOM, a leading curator of real estate data nationwide for land and property data, released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, foreclosures and other measures in the third quarter of 2022. The report

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Zillow’s Hot Housing Takes for 2023

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The Midwest will move to the forefront as affordability remains housing’s biggest issue Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look for new ways to overcome the housing affordability crisis. However, that crisis will stabilize — if not improve — from its pandemic-era apex, Zillow® economists predict. New construction will be focused on rental units, and

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100 House Members Pledge Support to ‘Neighborhood Homes Investment Act’ to Expand Affordable Homeownership Opportunities and Revitalize Communities

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500,000 homes could be constructed, renovated and sold under the bipartisan bill With Congress set to reconvene for a post-election legislative session, 100 members of the U.S. House of Representatives and 24 senators have now signed on to support a new tax incentive that would produce 500,000 starter homes in struggling communities over the next decade. The legislation would address the needs of families throughout the country that are struggling

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U.S. News & World Report Unveils New Housing Market Index

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Housing market perspectives are synthesized with the new interactive interface U.S. News & World Report, the global authority in rankings and consumer advice, unveiled its new Housing Market Index. The new tool leverages IBM Watson® Natural Language Understanding –  and the recently acquired Housing Tides Index from EnergyLogic – to help enable U.S. News to interpret and synthesize large volumes of housing data for easy viewing. This new index comes as the housing market crisis

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