While Los Angeles led all metros in canceled sale due to January’s devastating wildfires, metros including Atlanta, Las Vegas, and Houston are experiencing the highest share of deals falling through, causing a surplus in housing supply.
Bob Pinnegar, President and CEO of the National Apartment Association, said, “At a time that demands bold action on housing affordability, policymakers must reject damaging regulations and instead turn to sustainable solutions that lower costs and increase housing supply.”
Departmental actions will restore zoning decisions to localities, and increase access to and supply of affordable housing nationwide.
Through its Servicer Total Achievement and Rewards (STAR) Program, the GSE honors 29 mortgage servicers for their commitment to operational excellence while reducing credit loss.
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