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Midwest housing markets defy national days on market trends

Artificial Intelligence, Home Prices, Housing Market, HWmember, Indiana, Kansas, Milwaukee, Minneapolis, Minnesota, Missouri, Real Estate, Wisconsin /

Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metrics The national median DOM for single-family homes currently stands at 63 days, […]

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Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’

Conservatorship, Department of Commerce, Fannie Mae, Freddie Mac, GSE Reform, GSEs, HWmember, IPO, Mortgage, Regulatory, Trump administration /

As the mortgage industry prepares for the Trump Administration’s plans for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, U.S. Department of Commerce Secretary Howard Lutnick appeared on CNBC to offer his comments on the subject. During the interview aired Thursday, Lutnick disclosed that the IPO “could well

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Foreclosure filings rise 18% year over year in August

Attom Data Solutions, Florida, Foreclosure, Homebuying, HWmember, Mortgage, Nevada, South Carolina /

Foreclosure activity in the U.S. increased in August, with 35,697 properties receiving default notices, scheduled for auction, or repossessed by lenders, according to ATTOM’s August 2025 U.S. Foreclosure Market Report. The total was down 1% from July but up 18% from a year earlier. “August marked the sixth consecutive month of year-over-year increases in U.S.

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Home equity levels remain high even as price appreciation has cooled

Cotality, Data & Visuals, Home Equity, Home Price Appreciation, Housing Market, HWmember, Negative Equity, Selma Hepp /

The average U.S. mortgage holder has more than $300,000 in home equity, a figure that’s up significantly since the start of the COVID-19 pandemic as national equity levels now stand at $17.5 trillion. That’s according to Cotality’s second-quarter 2025 home equity report released on Friday. The report noted that the average homeowner with a mortgage

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Ohio property tax debate intensifies

Affordability, First-Time Homebuyers, Homebuyers, Homeownership, HWmember, Ohio, Politics, Property Tax, Real Estate, Regulatory /

Efforts to abolish or deeply reform property taxes are gaining momentum in multiple states — including Ohio — where impassioned debate has cited potential funding shortfalls for local services, seniors being prices out of homes and further effects on the housing market. Howard Fleeter, an economist with the Ohio Education Policy Institute who has worked

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Waters urges Fed independence, FHFA probe in Trump-Cook fight

Democratic Party, Donald Trump, Federal Reserve, FHFA, House Financial Services Committees, House of Representatives, HWmember, Maxine Waters, Mortgage, Politics /

Congresswoman Maxine Waters (D-Calif.), the top Democrat on the House Financial Services Committee, sent two letters this week that seek investigations into actions by President Donald Trump at the Federal Reserve. One letter was sent to John Allen, the acting inspector general of the Federal Housing Finance Agency (FHFA), while the other was addressed French

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Is there a better way to avoid reverse mortgage foreclosures?

FHA, Foreclosure, HECM, HUD, HWmember, Mortgage Servicing, NRMLA, Reverse, Reverse Mortgage Daily /

Even with options in place to prevent them, reverse mortgages can end in foreclosure. But Byron Batres thinks his company can offer a solution to reduce these outcomes. While more recent numbers aren’t available, a 2019 analysis by the Government Accountability Office (GAO) of Federal Housing Administration (FHA) data found that the share of Home

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MBA’s Bob Broeksmit sees risks in merging Fannie and Freddie

Bob Broeksmit, Fannie Mae, Freddie Mac, GSEs, Housing Market, HWmember, Mortgage, Mortgage Bankers Association, Trump administration /

Amid recent reporting that President Trump is weighing a $500 billion stock offering for Fannie Mae and Freddie Mac and that he might be considering a merger of the two mortgage giants, Mortgage Bankers Association‘s CEO and President Bob Broeksmit authored a blog post highlighting the benefits of having two government-sponsored enterprises (GSEs). In his

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Investor home purchases hit lowest second-quarter level since 2020

Affordability, Housing Market, HWmember, Institutional investors, Interest rates, Investor, Investors, Mortgage Rates, Real Estate, Rental Properties, Single-Family Housing, Single-Family Rentals /

U.S. real estate investors bought about 52,000 homes in the second quarter, the lowest level for that period since 2020, according to a report from Redfin. Purchases were down 6% from a year earlier — the largest drop since late 2023. Redfin, which analyzed purchase records across 39 major metropolitan areas, defines an investor as

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