A new data analysis by Zillow (NASDAQ: Z, ZG) has determined the risks posed by flood, fire and extreme wind could cost the US house trillions of dollars in damage. Zillow stated that homes with major wind risk are worth at least $17 trillion in total, equivalent to...
The typical American homeowner stays in their house for 11.8 years, according to a new data report published by Redfin (NASDAQ: RDFN). Among the major metro areas, Los Angeles led the nation with homeowners holding onto their houses the longest – a median tenure of...
Bellevue, Washington-based Evergreen Home Loans has expanded its operations into New Mexico. The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Evergreen Home Loans operates in seven western states –...
Mortgage applications were on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending March 7. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11.2% on a seasonally adjusted basis...
The Trump administration is planning to end a $1 billion Biden-era program designed to upgrade affordable housing structures with energy efficiency improvements. The Associated Press reports that it obtained an internal document from the Department of Housing and...
A total of 32,383 residential properties carried foreclosure filings in February, up 5% from January but 1.7% lower than the level recorded in February 2024. According to data from ATTOM, one in every 4,395 housing units had a foreclosure filing in February. States...
