The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% ($2.3 trillion) from a record high of $47.7 trillion in June.
Newsfeed: U.S. Homeowners Have Lost $2.3 Trillion In Value Since June Peak Read More »
The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In most of the United States, the 2023 CLL value for one-unit properties will be $726,200, an increase of $79,000 from $647,200 in 2022.
Newsfeed: FHFA Announces Conforming Loan Limit Values for 2023 Read More »
All these curveballs will further fragment the housing market. Oh for the good old days of a nice, clean housing bubble and bust as in 2004-2011: subprime lending expanded the pool of buyers …
Newsfeed: Curveballs In The Housing Bubble Bust Read More »
Amid a historic stretch of inflation over the last year, the cost of housing (especially rent) has been one of the most significant pressures on household finances.
Newsfeed: These Are The American Cities Where Rents Rose The Most Read More »