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Low-income owners’ home values have increased by 75% since 2012

Housing Wire

Between 2012 and 2022, the nationwide median value of homes owned by low-income households (households earning no more than 80% of metro area’s median income) rose 75%, or $98,910. Middle-income homeowners in Ogden recorded the largest wealth gain among all metros for their income bracket, gaining $220,000 in wealth from 2012 to 2022.

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Households’ Real Estate Asset Value Falls for First Time Since 2012

Eyes on Housing

As home prices begin to decrease from pandemic highs, households’ real estate asset value fell for the first time since the first quarter of 2012. The most recent release of the Z.1 1 Financial Accounts of the United States shows a decrease in the value of households’ real estate assets over the fourth quarter of 2022.

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It’s official: NAR reports first full-year membership dip since 2012

Inman

The membership of the National Association of Realtors shrank by 1.7 percent last year as the trade group weathered a tough market and major lawsuits.

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The Atlanta Real Estate Market Explosion – 2012 to 2022

Hank Miller Team

PRICES It’s clear that the market was on a nice upward path from 2012; the market was largely balanced and had that “traditional” feel to it. As 2012 broke, the hangover from the crash remained, but signs were pointing to a recovery.

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Mortgage credit availability increased in January: MBA

Housing Wire

over December’s figure, based on initial benchmarking of the index to 100 in 2012. However, overall credit availability remained close to 2012 lows, and the conventional index was close to its record low in the series dating back to 2011,” he said. The MBA’s Mortgage Credit Availability Index (MCAI) increased in January to 92.7,

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Gap between Black and white renters who were mortgage ready narrowed during the pandemic

Housing Wire

The gap narrowed significantly since 2012, when it stood at 7.9 While higher mortgage rates and elevated home prices affected affordability for everyone, regardless of race, the median household income for Black renters rose more than for white renters since 2012. About 7.8% of white families that year — representing a gap of 4.7

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Mortgage Credit Availability Increased in March, Driven by Growth in Conventional Credit

Appraisal Buzz

The index was benchmarked to 100 in March 2012. Although credit supply increased for the third consecutive month, it remains low at nearly 7 percent below a year ago and still close to 2012 lows,” Kan adds. Mortgage credit availability increased 1.1% in March compared with April, rising to a score of 93.9 The jumbo index grew 2.6

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