Analysis and Data
The holiday season didn't stop homebuyers from entering bidding wars, according to a new report which revealed that three out of five home offers faced bidding wars in December 2021.
The funding of multifamily affordable housing rose more than 23% in 2021 to its highest volume in history.
The report, “Seeing the Forest and the Trees,” encourages investors to consider megatrend opportunities across alternative asset classes.
Lack of inventory cited as December 2021 home sales fall 3.6% from November and 11% from last year.
Company says January is shaping up to be the most competitive month in housing history.
Foreclosure starts and completions hit record lows nationwide.
Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.
The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.
Nearly half of those planning to move (46%) hope to buy a home.
The Fed faces a daunting task to control inflation amid the challenges presented by the pandemic.