These are 2021’s best cities for first-time homebuyers

These are 2021’s best cities for first-time homebuyers

Heavy competition in today’s pricey housing market has sidelined some first-time buyers, especially in major metropolitan areas. These buyers usually make up about 40% of the market, but now it’s less than a third, according to the National Association of Realtors....
The most competitive housing markets in the U.S.

The most competitive housing markets in the U.S.

In the most competitive housing markets in the country, virtually every buyer has immaculate credit, a few hundred thousand dollars – or more – for a down payment and knows what their mortgage options are. Not that many of the buyers even need one. Based on average...
Does CFPB Have Authority to Postpone Foreclosures?

Does CFPB Have Authority to Postpone Foreclosures?

The Consumer Financial Protection Bureau released a proposed rule on Monday that would bar servicers from starting on foreclosures until 2022. The CFPB also proposed streamlined processes for moving homeowners out of forbearance and in to loss mitigation options....
People Are Finally Starting to Think About Selling Homes

People Are Finally Starting to Think About Selling Homes

Consumer attitudes perked up in March, sending the Fannie Mae Home Purchase Sentiment Index (HPSI) up 5.2 points compared to February. The company said four of the HPSI’s components rose during the month, taking the index to 81.7. The percentage of respondents...
Millions will enter real estate market in 2021

Millions will enter real estate market in 2021

In what will be known to future generations as the Great Reshuffling, a recent Zillow survey showed that more than 1 in 10 Americans reported moving in the past 12 months, either by choice or by circumstance. And now, with the COVID-19 vaccine circulating and the...

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