Fewer first-time homebuyers emerged in 2024, but Black Americans bucked the trend

While the share of first-time homebuyers has declined across the country, Black homebuyers are bucking the trend and showing resilience in an increasingly difficult housing market. A recent Zillow survey found that 62% of all Black homebuyers in 2024 were first-timers, the same level as the previous
Read MoreWhy mortgage originations should pick up in 2025

U.S. mortgage originations are projected to grow moderately in 2025, despite continued economic uncertainty and elevated interest rates, according to TransUnion’s newly released credit insights in the fourth quarter of 2024. After years of sluggish origination growth due to inflation, high borrowing
Read MoreMilwaukee housing authority owes $5M to the city, officials say

The Housing Authority of the City of Milwaukee (HACM), an independent agency in Wisconsin’s largest city that was already embattled following the discovery of millions of dollars in misappropriated federal funds, is facing further financial scrutiny this week after the city’s comptroller said it is
Read MoreNAHB to Congress: Ease regulatory burdens for builders

The Trump administration wants to improve housing affordability and availability, as emphasized by an executive order signed by the president on his first day back in office. The order called upon the heads of all executive departments and agencies “to deliver emergency price relief, consistent with
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