The Federal Housing Finance Agency (FHFA) Director Bill Pulte declared that the FHFA would no longer be a part of the Greening the Financial System Network of Central Banks and Supervisors. To learn more, click here.
Homebuyers had the strongest negotiating power in August, according to recent Redfin data, with over half a million more sellers than purchasers. However, could the situation experience reversal in the months to come?
A new Realtor.com report showed searches for “fixer-upper” homes have more than tripled in the last four years, with homebuyers nationwide eyeing these heavily discounted homes to help break into today’s tough housing market.
New MBA data revealed that home purchase applications to buy newly constructed properties remained higher than last year, and although the monthly pace of applications slowed from July, Joel Kan, MBA’s VP and Deputy Chief Economist, noted there was a “bright spot” seen in August home sales.
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