Source: Yahoo! News — The number of mortgage applications fell sharply in the final quarter last year as the cost of living is pushing those getting on the housing ladder to get longer mortgages to be able to afford the bills. The total number of house loans...
Source: Axios Richmond — Local real estate associations are sounding the alarm on a new scam hitting the market: fraudulent listings of real lots and homes that aren’t actually for sale. Why it matters: This latest scam targets real estate agents and has...
Source: US News — Known for its glorious fall foliage and quaint coastal towns, Maine is a state that attracts homebuyers with all sorts of budgets. The average home value in Maine is around $345,000, according to Zillow. That’s about a 10% increase from...
Source: TDPel Media — Consumer confidence in the US housing market reached a near all-time low in February due to a new surge in mortgage rates and growing anxiety about job security. Fannie Mae’s monthly Home Purchase Sentiment Index fell by 3.6 points to 58.0...
Source: Investing.com — The U.S. housing market is currently the least affordable in at least 25 years. Affordability is, generically, the ratio of monthly income vs. the median price of a home. Essentially the degree to which a potential home buyer can afford...
A bill introduced in the Texas House aims to cut down on development permitting backlogs across the state by offering alternatives if local authorities don’t make a decision on them within a specific time frame. House Bill 14 would require regulatory...
