Economy
Case-Shiller index shows continued price softening in November
Tighter inventory kept prices more resilient in midwestern and northeastern metros
Tighter inventory kept prices more resilient in midwestern and northeastern metros
Yearly appreciation in most of the U.S. was roughly half the pace of growth in 2023 and 2024
Overall impairment rate climbed to 7.2% as cure rates and payment-made rates recover from ‘sharp collapse’
MBS issuance exceeded $526 billion over the 12 months ending last September
Government loan performance continues to exhibit signs of weakening
Census Bureau reports 6.1% annual dip in new single-family construction
Homeowners age 62 and older have seen their share of overall equity jump 12% in the past two decades
However, high prices and job concerns have left consumers feeling much worse about the economy than a year ago
In a detailed rebuttal to recent objections from the CHLA, the MBA chief said the industry ‘cannot shy away from fixing a broken system’
Access to cash continues to push homeownership higher up the income ladder in the post-pandemic era
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