Half of American households are struggling to cover rising housing costs

Since the spring of last year, a typical family with a median income has not been able to afford a median-priced home, according to the National Association of Realtors’ (NAR) Housing Affordability Index.Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford t
Read MoreRepublicans look to codify tri-merge credit model into law

Rep. Scott Fitzgerald (R-Wis.) has introduced a bill to the U.S. House of Representatives that would codify the “tri-merge” credit model into law, a rebuke to the Federal Housing Finance Agency (FHFA)’s recent efforts to transition to a “bi-merge” model that would require only two credit reports to
Read MoreThe Bay Area is the country’s 4th-hottest housing market

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. In comparison, Seattle-Tacoma-Bellevue, the top-ranked metro ar
Read MoreAppeals court to allow DOJ to reopen its investigation into NAR

A three-judge panel for the U.S. Circuit Court of Appeals in D.C., has ruled that the Department of Justice can reopen its investigation into the National Association of Realtors. In an opinion filed on Friday, Circuit Court judges Florence Pan and Karen Henderson ruled that the settlement agreement
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