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Originations of large jumbo loans that exceed the conforming limits set for Freddie Mac and Fannie Mae could hit a level this year that hasn’t been seen since the run up to the 2008 credit collapse.
Home builders are reducing sales prices and offering incentives to budget-conscious buyers, but at a much more reserved pace than in 2007 and 2008
Measurements of housing affordability were worse in December 2022 than at any point leading up to the housing bubble in 2008, but experts say conditions will improve by the end of the year
Even though the peak spring real estate season is underway, fewer Americans believe now is a good time to buy a home. New poll data show that sentiment hit an 11-year low.
OSHA responds to building collapse disaster, Indiana cuts back on solar incentive, and Los Angeles updates small-lot ordinance
Prices are expected to appreciate 5.3 percent over the next 12 months
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