The number of programs offering down payment assistance increased by 43 during the first quarter, a 2% quarterly uptick that brought the total number of available programs to 2,509, according to data from Down Payment Resource (DPR). The nationwide average benefit...
HGTV star Tarek El Moussa has revealed that he pockets $675,000 a month from his house flipping work. El Moussa shared his financial success in an interview on the podcast “Trading Secrets,” where he promoted his new book “Flip Your Life.” “Since I started in 2010,...
The total number of mortgages now in forbearance dipped by 2 basis points from 0.38% of servicers’ portfolio volume in February to 0.36% by the end of March, according to data from the Mortgage Bankers Association (MBA), which estimated 180,000 homeowners are in...
Three Democratic California lawmakers – Sen. Alex Padilla and Reps. Ted Lieu and Salud Carbajal – have reintroduced the Housing for All Act to finance federal and local programs designed to address the homelessness crisis that worsened during the Biden administration....
Sotheby’s International Realty has recruited Mary Lee Blaylock to become president of brokerage. In her new job, Blaylock will be responsible for leading company-owned brokerage operations, overseeing 48 brokerage offices that support more than 2,300 affiliated...
Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a series of comments on X today that offered somewhat unusual messaging on how the regulatory agency is operating. Pulte first declared, “After 4 years of the housing industry being asleep, Fannie Mae...
Hits and Misses for the Real Estate Week of April 6-10
