Down payment assistance programs are a boon amid mounting pressure on homebuyer affordability

Down payment assistance programs are a boon amid mounting pressure on homebuyer affordability

The combination of high home prices and insufficient savings for a down payment makes it challenging for first-time homebuyers to pull the trigger on a property purchase. But the good news is,... Read more »
Pressure on lot supply eased last year: Zonda

Pressure on lot supply eased last year: Zonda

Thanks to a slower rate of housing starts, there were more lots available in the fourth quarter of 2023 compared to a year earlier, according to Zonda’s New Home Lot Supply Index. ... Read more »
Pressure on lot supply eased last year: Zonda

NYCB reportedly in talks to transfer mortgage risks amid market pressure

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate... Read more »
As House passes bipartisan tax legislation, lawmakers feel pressure from voters on housing

As House passes bipartisan tax legislation, lawmakers feel pressure from voters on housing

The U.S. House of Representatives this week passed a bipartisan tax bill that included an expansion of the Low-Income Housing Tax Credit (LIHTC) program, a move lauded by housing advocates including the... Read more »