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Can changing home appraisal language help close the wealth gap?

Jul 27, 2021
Descriptions in appraisal reports can create racial bias and reduce the selling price of a home. Fannie Mae is trying to clamp down on tha
Fannie Mae issued new guidance to appraisers to avoid terms it labeled racially problematic, like “crime-ridden” and “integrated community."
Karen Bleier/AFP via Getty Images

Foreclosures are at a record low ... for now

Jul 15, 2021
But a CDC moratorium on foreclosures is set to end on July 31. Meanwhile, "seriously delinquent" mortgages have nearly doubled from last year.
While foreclosure rates are currently low, nearly 5% of homeowners have “seriously delinquent” unpaid mortgages. Above, the belongings of a person being evicted sit on the lawn in front of their Columbus, Ohio, home in March.
Stephen Zenner via Getty Images

Don't look for home prices in the latest inflation numbers

Jul 12, 2021
The consumer price index doesn't reflect the hot housing market, and some say that's a problem.
Different methods of calculating consumer inflation have different ways of accounting for the movement of home prices.
Stephen Brashear/Getty Images for Redfin

The economic toll of having your criminal record in the news

Jul 6, 2021
A growing number of news organizations are changing their policies when it comes to identifying criminal suspects.
Police officers stand outside of the Seattle Police Department's West Precinct back in June 2020.
David Ryder/Getty Images

How many more housing units do we really need to build?

Jul 2, 2021
Estimates of how many houses and apartments are needed to meet demand vary from just over 1 million to more than 5 million.
Construction workers build new homes at a new housing development in Petaluma, Calif.
Justin Sullivan/Getty Images

As lumber prices soar, reclaimed wood gets a second look

Jun 1, 2021
High building costs have changed the equation for vintage materials.
Max Pollock, owner of Brick + Board in Baltimore, salvages old-growth lumber from vacant houses and industrial buildings.
Amy Scott/Marketplace

As home prices rise, so does mortgage debt

May 20, 2021
Are borrowers and lenders taking on too much risk?
Most analysts don't expect home prices to reverse in the near term, but if mortgage rates were to substantially increase, the pace of appreciation could slow.
Brandon Bell/Getty Images

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Could a "love letter" help buyers land a house?

May 13, 2021
Emotional appeals are tempting in such a tight market, but experts say the practice could lead to bias and fair-housing issues.
Buyers are trying anything to score a house in this tight market, including personal appeals and flattery.
Justin Sullivan/Getty Images

In China, it’s heads for a real estate win, or "rotten tails" — you lose

May 10, 2021
Owning property (or not) can determine your future in China. But it’s a gamble that doesn’t always pay off for those who have invested their life savings.
Singer Chen Peng looks on at an abandoned condo development where he has bought his first home. He is not sure if he will ever have a chance to live in it.
Charles Zhang/Marketplace

More homeowners are back to paying their mortgages

May 3, 2021
But the recovery has been unequal. Black homeowners are at a higher risk of foreclosure when forbearance rules expire, one nonprofit says.
Despite recent trends, more than 2 million mortgages are still in forbearance.
Chainarong Prasertthai via Getty Images