Texas led the nation in 2024 for new house permits, accounting for 15% of the national total despite only having a 9% share of the population. According to new data from Realtor.com, more than one in four people looking to buy a home in Texas are from out of state,...
Mortgage rates were down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.89% as of Feb. 6, down from last week when it averaged 6.95%. A year ago at this time, it averaged 6.64%. The...
The fourth quarter of 2024 saw home price increases in 89% (201 out of 226) of metro markets, according to the National Association of Realtors (NAR), with 14% of the metro areas posting double-digit price gains over the same period, up from 7% in the third quarter....
The real estate developer Thompson Thrift announced that it will develop Velara, a 312-unit Class A multifamily community in the Nocatee master planned community in Ponte Vedra, Florida. Velara will be based on a 12.5-acre site and will encompass three-story buildings...
The mayor of a Rhode Island town is using eminent domain to seize land owned by a developer planning to construct a 252-unit affordable housing development. WPRI.com reports Mayor Joseph Polisena Jr. of Johnston declared last week that his town has taken over 31 acres...
loanDepot Inc. (NYSE: LDI) is teaming with the homebuilder Onx Homes on a new joint venture to provide financing for new homebuyers in Florida and Texas. The venture, named Onx X+ Mortgage, will be headquartered in Georgetown, Texas. In a statement, the companies said...
I Sat In a Room and Watched Someone Describe America’s Mortgage Appli…
