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FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam

FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam

by Phil Hall | Jan 19, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Trade Commission (FTC) has started a claims process for consumers victimized by a phony mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed to deliver....
Florida’s Single-Family Home Sales Down 10.3% for 2023

Florida’s Single-Family Home Sales Down 10.3% for 2023

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market closed 2023 with 257,679 sales of existing single-family homes, down 10.3% from 2022, according to data from Florida Realtors. For existing condo-townhouses, a total of 105,411 units sold statewide in 2023, down 16% compared to 2022. For...
New York State Ends 2023 with Record-Low Home Inventory

New York State Ends 2023 with Record-Low Home Inventory

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State’s housing market came to the end of 2023 with the lowest-ever recorded inventory of homes. The New York State Association of Realtors (NYSAR) reported an all-time low of 24,469 units in December, a 17.8% decline in the 29,768 homes available in December...
Ameris Bank Debuts Borrower Assistance Program in Jacksonville

Ameris Bank Debuts Borrower Assistance Program in Jacksonville

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ameris Bank has rolled out the Ameris Choice program, which is designed to provide up to $20,000 in assistance to qualified applicants in the Jacksonville, Florida, area for the purchase or refinancing a home. The program is available for individuals purchasing or...
Builder Confidence Up by 7 Points

Builder Confidence Up by 7 Points

by Phil Hall | Jan 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes climbed seven points to 44 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marked the second consecutive month where...
Mortgage Applications for New Home Purchases Up 22.2%

Mortgage Applications for New Home Purchases Up 22.2%

by Phil Hall | Jan 19, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in December were up by 22.2% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). Compared to November, the application volume dipped by 4%. The MBA estimated new single-family home...
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