Real Estate Broker/Agency News

FHFA proposes liquidity requirements for GSEs

The Federal Housing Finance Agency is looking to finalize a rule that would require Fannie Mae and Freddie Mac to hold higher levels of liquidity to protect against any sudden shortfalls, creating a further $10 billion cushion for the publicly held mortgage companies. The measure – which is now up for final

Read more

The next coronavirus front: evictions and foreclosures

The coronavirus is raging. Eleven million workers are unemployed. And at the end of this month — absent immediate and urgent action by Congress and the administration — millions of American families will be put into eviction and foreclosure proceedings that will take them from their homes at the worst

Read more

Single-family housing starts reach highest level since 2007

Single-family housing starts continued their seven-month climb in November, coming in at the highest level since 2007, according to the Census Bureau. Housing starts rose 1.2% in November compared to October and are up 12.8% year over year to a seasonally adjusted annual pace of 1.58 million starts. Single-family housing

Read more

2021 housing market outlook: No signs of slowing

2020 has been a remarkably strong year for the housing market. Sales volume has remained elevated compared to last year since about mid-June, home values are growing more quickly than they have in 15 years and homes are typically selling a full three weeks faster than a year ago.  Incredibly, next year’s

Read more