In 2024, Freddie Mac delivered $411 billion of liquidity into the U.S. housing finance system, helping 1.6 million families buy, refinance, or rent a home, while Fannie Mae reported $381 billion in liquidity, enabling approximately 1.4 million home purchases, refis, and rentals.
New Task Force will be composed of HUD employees examining how to best maximize the Department’s budget, ensuring that all programs, processes, and personnel are working together to advance HUD’s mission.
A new report found the typical U.S. home that sold sat on the market for 56 days—the longest average duration of any January since 2020.
The typical home listed is taking a long time to sell, according to new Redfin data, and worse, selling for less than its asking price. However, this may be good news for purchasers who have been struggling with high housing costs and a lack of availability.
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