By Odeta Kushi, Deputy Chief Economist at First American

Since hitting a low point of 63% in 2016, the homeownership rate has rebounded, largely driven by millennial households purchasing their first homes. Many surveys, like one by Bank of the West, indicate that millennials are no different from previous generations–they view homeownership as a main tenet of the American Dream.

Freedom Mortgage has announced a deal to acquire J.G. Wentworth Home Lending. So reports The Title Report.

Homebuilders said last month that they continue to face labor shortages that are driving housing prices higher, according to a new survey by the National Association of Home Builders. So reports Boston Agent Magazine.