Appraisal Buzz
OCTOBER 14, 2024
Zillow has found that Hispanic homeowners are making great strides in narrowing the home value gap with white homeowners over the past two years—regaining ground lost during the pandemic. Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% from 17.9%.
Housing Wire
APRIL 18, 2023
Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau , and the last decade has resulted in a significant uptick in low-income homeowners’ home values. The highest median home value was among Asian Americans at $521,620.
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Appraisal Buzz
NOVEMBER 6, 2024
The report, titled “ Who Will Buy the Baby Boomers’ Homes When They Leave Them? An Update ,” provides updates to a 2022 study that examines overall housing supply in the U.S. According to the RIHA study , as of 2022, Boomer homeowners numbered 32 million, and represented nearly 41% of all homeowners in the United States.
Housing Wire
NOVEMBER 30, 2021
The Federal Housing Finance Agency (FHFA) today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. Median home values exploded across dozens of housing markets across the country in 2021. It mandated that the baseline could only rise after home prices returned to pre-recession levels.
Appraisal Buzz
MARCH 13, 2025
Homeownership as a Path to Wealth Owning a home provides significant financial advantages, including equity gains and appreciation in home values. Between 2019 and 2022, the median net worth of single women grew from $54,400 to $74,500. Historically, homeownership has been a major wealth-building tool in the U.S.,
Housing Wire
NOVEMBER 8, 2022
billion in credit loss builds to account for a decline in home values in the fourth quarter, according to earnings reports from the housing finance giants. “Credit-related expense for the third quarter was primarily driven by lower actual and projected home prices.” Collectively, the GSEs have set aside $4.3
Housing Wire
DECEMBER 2, 2021
On Tuesday, the Federal Housing Finance Agency revealed the much-anticipated conforming loan limits for 2022, with the baseline number jumping by 18% to $647,200. Homepoint similarly stated that it would accept “conventional loan registrations and rate locks within the 2022 loan limits.”. year-over-year across the nation.
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