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Housing Inventory

Extreme heat risks higher for affordable housing residents

Affordable housing, Climate Change, Discrimination, Housing Inventory, HWmember, Low-Income Housing Tax Credit, Real Estate /

As the U.S. housing crisis deepens and climate change intensifies, residents of affordable housing are vulnerable to dangerous and sometimes deadly extreme heat, according to new analysis from the Union of Concerned Scientists. The report, titled “Colliding Crises,” examined nearly 8 million homes in key segments of the affordable housing market — including public and […]

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US existing-home sales rise to fastest pace in 7 months

Housing Inventory, Originations, Real Estate /

Sales of previously owned homes in the US rose modestly last month as lower mortgage rates and tamer price gains sparked some activity in the nation’s long-stagnant housing market. Contract closings increased 1.5% to an annual rate of 4.06 million in September, the highest in seven months, according to National Association of Realtors figures released

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New Western acquires Big State Home Buyers to expand investment pipeline

Affordable housing, Fix and Flip, Housing Inventory, Houston, HWmember, Mergers and Acquisitions, New Western, Real Estate, Texas /

New Western, a real estate investment marketplace and the nation’s largest homebuyer, has acquired Big State Home Buyers — a company specializing in sourcing vacant and distressed homes. The acquisition is intended to expand New Western’s supply pipeline and advance its mission to return underutilized properties to the market as affordable, move-in-ready homes, leaders said.

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The $79 trillion shift: How lost wages are fueling the housing crisis

Affordability, Employment, Homebuilders, Housing Inventory, Housing Market, HWmember, Mortgage, Politics, Real Estate, Single-Family Housing, Single-Family Rentals /

For years, policymakers and analysts have debated the reasons behind America’s worsening housing affordability crisis. Some point to zoning and land-use restrictions, others to construction bottlenecks or rising interest rates. But a growing body of research suggests a deeper, structural problem; wages simply haven’t kept up with the cost of living. That disconnect — according

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Did housing inventory peak in August this year?

Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, Inflation, Mortgage Rates, Purchase Applications /

Housing inventory at one point this year showed 33% year-over-year growth, but that growth has since slowed to 17%, and we might already have seen the seasonal peak in inventory for the year in the first week of August. I didn’t believe we were witnessing the peak in August and I have been looking for

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Zillow and Housing Connector help 10,000 people find homes

Affordability, Affordable housing, Homelessness, Housing Inventory, HWmember, Real Estate, Zillow /

Amid one of the most severe housing crises in U.S. history, Zillow and Housing Connector, a tech-powered nonprofit, are celebrating a milestone in combating homelessness. Together, the organizations have helped 10,000 people find stable homes. What began in 2019 as a local solution in Seattle has evolved into a national model for unlocking private-market housing

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Lagging builder stocks face new worry from Bill Pulte’s ire

Housing Inventory, REALTORS & HOMEBUILDERS, Trump administration /

President Donald Trump and Federal Housing Finance Agency Director Bill Pulte are fueling a deeper selloff in already struggling homebuilder stocks. A series of social media posts, from the US president over the weekend and then from the FHFA director and real estate scion Pulte on Wednesday, are helping put an S&P gauge of builders

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Texas housing inventory grows as sellers trim prices

Artificial Intelligence, Data & Analytics, Housing, Housing Inventory, Housing Market, Housing Market Data, HWmember, Real Estate, Texas /

Texas home sellers are facing a slower fall market as listings spend longer on the market and inventory rises across the state. More than 137,000 single-family homes are now active statewide, equal to about 3.7 months of supply. Prices and inventory The median list price in Texas is $377,558, with new listings entering slightly lower

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Cleveland nonprofit fights to halt investor homebuying wave

Affordable housing, Cleveland, Homebuying, Housing Inventory, Housing Market, HWmember, Institutional investors, Ohio, Pennsylvania, Real Estate, Single-Family Housing, Single-Family Rentals /

New research from the Federal Reserve Bank of Cleveland shows that investors now own up to one in three single-family homes in parts of Northeast Ohio — with a local nonprofit working to reverse that trend. Real estate investors were responsible for 43% of home purchases last year in some of Ohio’s and western Pennsylvania’s

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Trump calls on Fannie Mae, Freddie Mac to boost homebuilders

Fannie Mae, Freddie Mac, Homebuilders, Housing Inventory, Politics and policy, The Great American Mortgage Corporation /

President Donald Trump called on Fannie Mae and Freddie Mac to boost homebuilders and help “restore the American Dream” in a Truth Social post on Sunday. The president said large homebuilders are sitting on 2 million empty lots, and compared the situation to the Organization of the Petroleum Exporting Countries keeping oil prices high before

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