Home price growth slows to lowest level since January 2023: Redfin

U.S. home prices are growing at their slowest pace in nearly a year and a half, according to Redfin‘s home price index that was published on Tuesday.Home prices rose 0.26% month over month in May, down from a monthly increase of 0.44% in April. Last month’s reading marked the smallest monthly increa
Read MoreSingle-family rent growth tapers off: CoreLogic

U.S. single-family rental (SFR) homes posted rent price growth of 3% during the year ending in April 2024, according to CoreLogic data released Tuesday. That was down from an annualized gain of 3.4% in March.The California-based real estate analytics company reported that the annualized gain was in
Read MoreCFPB takes enforcement action against former HECM servicing contractor

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a series of enforcement actions against two companies for what the bureau called “illegal activities that harmed older homeowners and caused them to fear losing their homes.”The actions were taken against Pittsford, New York-based
Read MoreGen X has regrets about retirement savings, study suggests

Members of Generation X are more concerned about their post-retirement ability to support the lifestyles they’ve grown accustomed to when compared with other generations — including baby boomers and millennials — according to the results of a recent survey conducted by Allianz Life.In the company’s
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