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» VISIT US ONLINE @ DSNEWS.COM 7 A look at facts you didn't know you couldn't live without. Compiled by the DS News Staff In Q4 2017, the national median single-family home price was $247,800, up 5.3 percent year-over-year, according to the National Association of Realtors' latest Metropolitan Median Area Prices and Affordability and Housing Affordability Index, released in February. According to a February 2018 Zillow report entitled "Suburban Homes Still Feel Recession's Pinch," U.S. homes in urban ZIP codes had a median value of $315,988 in December 2017, compared to $234,443 in the suburbs and $157,451 in rural areas. 4 MILLION AND COUNTING INSIDE THE JOURNAL // MOVERS & SHAKERS // ON THE WEB // THE APP SPECTRUM TAKE A LOOK INSIDE THE NUMBERS D ATA B I T S * Based on median income estimates per metro in Q4 2017, as published by HUD. ** Based on the notion that homebuyers can afford to spend 28 percent of their gross income on a home. Source: National Association of Home Builders Q4 2017 Housing Opportunity Index 10 LEAST AFFORDABLE U.S. METROS* 10 MOST AFFORDABLE U.S. METROS* 1 SAN DIEGO-CARLSBAD, CALIFORNIA 18.20% 2 NAPA, CALIFORNIA 17.10% 3 SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 16.80% 4 SANTA ROSA, CALIFORNIA 15.80% 5 SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA 15.00% 6 SANTA CRUZ-WATSONVILLE, CALIFORNIA 12.80% 7 SALINAS, CALIFORNIA 12.00% 8 ANAHEIM-SANTA ANA-IRVINE, CALIFORNIA 10.70% 9 LOS ANGELES-LONG BEACH-GLENDALE, CA 9.60% 10 SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 6.30% 1 CUMBERLAND, MARYLAND-WEST VIRGINIA 96.90% 2 KOKOMO, INDIANA 95.20% 3 WHEELING, WEST VIRGINIA-OHIO 93.70% 4 DAVENPORT-MOLINE-ROCK ISLAND, IOWA-ILLINOIS 92.70% 5 MANSFIELD, OHIO 91.30% 6 MONROE, MICHIGAN 91.30% 7 SPRINGFIELD, OHIO 91.20% 8 BINGHAMTON, NEW YORK 90.90% 9 LIMA, OHIO 90.30% 10 ELMIRA, NEW YORK 90.20% RANK METRO AREA SHARE OF AFFORDABLE HOMES** RANK METRO AREA SHARE OF AFFORDABLE HOMES** Fannie Mae and Freddie Mac completed 22,411 foreclosure prevention actions in November, bringing the total number of actions to 4,013,134 since the start of the conservatorships in September 2008, according to the Foreclosure Prevention Report released by the Federal Housing Finance Agency (FHFA). Over half of these actions have been permanent loan modifications. e report indicated that there were 11,264 permanent loan modifications in November compared with 11,010 in the prior month. e November loan modifications brought the collective loan modification total of the GSEs to 2,140,484 since the conservatorships began in September 2008. Forty-three percent of modifications in November were modifications with principal forbearance. Modifications with extend term only accounted for 41 percent of all loan modifications during the month. e government-sponsored enterprises' (GSEs') serious delinquency rates increased from 0.95 percent in October 2017 to 1.05 percent in November, which means that approximately 78 percent borrowers who received modification in November were three or more months delinquent. ough third-party and foreclosure sales decreased slightly from 4,776 in October to 4,730 in November, foreclosure starts increased from 13,601 in October to 18,605 in November. Regarding deeds- in-lieu of foreclosure finalized in November, that number decreased significantly compared with October: 1,147 in October vs. 930 in November, according to the report. e number of short sales also decreased slightly with 832 completed short sales recorded in November compared with 839 in the prior month. Together, deeds-in-lieu and short sales were down 19 percent, the report said. Like the previous month, curtailment of income was the top reason for delinquency with 23 percent borrowers citing this as the reason for non-payment. Next was excessive obligations at 19 percent and unemployment at seven percent. The November loan modifications brought the collective loan modification total of the GSEs to 2,140,484 since the conservatorships began in September 2008. PAGE 22 CFO and Co-Founder, Blend ASK THE ECONOMIST WITH Erin Collard

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