Reintroduced housing bill would address construction, rehab, land use and more

A coalition of Democratic lawmakers in the U.S. Senate and House of Representatives have reintroduced a bill designed to address housing issues by rehabilitating or constructing millions of additional units in an effort to bring down costs for renters and homeowners.Known as the American Housing and
Read MoreIs the 2024 housing market beyond saving?

Any sales growth momentum in the real estate market we might have had early in the year is gone. New home sales contracts are coming in pretty consistently fewer than last year — 4.9% fewer in the most recent week. Our Immediate sales measure of homes that get listed, take offers and go into contrac
Read MoreHome equity lending flat in 2023 as outstanding debt increased: MBA

Home equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according to a study released Monday by the Mortgage Bankers Association (MBA).The data includes total originations of open-ended home equity lines of credit (H
Read MoreA recap of gen AI use cases at FHFA’s 2024 TechSprint

There are plenty of challenges for renters and homebuyers this year, especially when it comes to affordability. But technology — particularly leveraging generative AI — can help solve these challenges in new ways. At least, that was the premise of the FHFA’s 2024 TechSprint last week, which focused
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