Freddie Mac (OTCQB: FMCC) has launched DPA One, a tool designed to help mortgage lenders quickly find and match borrowers to down payment assistance programs. According to Freddie Mac, DPA One aggregates and showcases down payment assistance programs in a single,...
The trend in Canadian housing starts totaled 254,006 units in September, up 3.9% from 244,511 units in August, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate...
A homebuyer needs to earn $114,627 in order to afford the purchase of a median-priced home, according to data from Redfin (NASDAQ:RDFN). This up 15% ($15,285) from one year ago and up by more than 50% since the start of the pandemic in March 2020. The current income...
Boston-based real estate investment firm Longpoint Realty Partners announced the final closing of its third institutional fund, Longpoint Fund III L.P. (Fund III). According to the company, Fund III was oversubscribed, with approximately $940 million of commitments...
The median sales price for the U.S. housing market in September was $415,000, a seasonal decline of 2.4% from August’s $425,000 but 2.5% above the $405,000 in September 2022, according to new data from RE/MAX (NASDAQ:RMAX). Among the 50 markets tracked for RE/MAX’s...
Single‐family housing starts in September were at a rate of 963,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s rate was 3.2% higher than the revised August figure of 933,000. Privately‐owned housing...
Former Arizona Shopping Center Site to Become Affordable Housing Complex
