Source: Finance Yahoo — Yahoo Finance’s Vera Gibbons joins the Live show to discuss the real estate market amid the unexpected house hunting competition among younger buyers. AKIKO FUJITA: Well, record low inventory has sparked bidding wars for homes in...
Source: National Mortgage News — The $1.5 trillion omnibus spending bill President Biden was expected to sign at deadline Friday promises to bring relief to the single- and multifamily mortgage markets by heading off several threats to operations supporting...
Source: Keeping Current Matters — If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you...
Source: Housing Wire — Each fall, trendsetters at Pantone decide on the next year’s “color of the year,” which they feel will define and influence the upcoming year. Whether the “color of the year” is a self-fulfilling prophecy or the trendsetters really are...
Source: Housing Wire — Mortgage applications jumped 8.5% for the week ending March 4, as mortgage rates dropped for the first time in three months as a result of Russia’s war in Ukraine, the Mortgage Bankers Association (MBA) reported on Wednesday. Borrowers’...
Source: Redfin — Nationwide, 5,897 homes sold for at least $100,000 over asking price at the beginning of this year, up from 2,241 during the same period last year. The Los Angeles metro area led the way, with 718 homes selling for at least $100,00 over asking...
