No, Wall Street investors haven’t bought 44% of homes this year
Are big Wall Street investors really buying 44% of homes this year? The answer is no — not even close. Housing inventory is near all-time lows, but big institutional investors like Invitation Homes or BlackRock aren’t to blame.The 44% claim was made in the headline for a Medium article last week and
Read MoreWhy home prices haven’t crashed even with high mortgage rates

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023.Weekly housing inventory dataWe wil
Read MoreWells Fargo settles lawsuit with ex-LO over allegedly discriminatory lending practices

A former mortgage consultant who worked for Wells Fargo and ultimately brought a case against the company in a Southern California court over allegedly being fired for complaining about discriminatory lending practices has settled with the company, according to reporting from Los Angeles-based radio
Read More2023 was the worst year for homebuyers on record

High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record. Luckily, economists are projecting some improvements for next year, according to a Redfin analysis released on Thursday.For an American earning $78,642, the cou
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