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Weekly Market Report

January 17, 2023 by Luther Correll

For Week Ending January 7, 2023 Fannie Mae recently announced changes to its automated underwriting system intended to simplify the loan process and help create more homeownership opportunities for underserved borrowers lacking an established credit history. The changes include updating … Continue reading →

Filed Under: Weekly Report

Weekly Market Report

January 9, 2023 by Luther Correll

For Week Ending December 31, 2022 Rental prices are rising at the slowest pace in 19 months, with rents up 3.4% nationally as of last measure, marking the 10th consecutive month of slowing rent growth, according to Realtor.com’s recent Rental … Continue reading →

Filed Under: Weekly Report

Weekly Market Report

January 3, 2023 by Luther Correll

For Week Ending December 24, 2022 Elevated mortgage rates continue to take a toll on the construction industry, with housing permits for new homes falling 11.2% in November, according to the Commerce Department. Housing starts were down 0.5% over the … Continue reading →

Filed Under: Weekly Report

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