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...
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...
The NRP Group, a developer, builder, and manager of multifamily housing, announced the financial close and groundbreaking of a 340-unit, mixed-income housing community in Anna, Texas, located about 45 miles from Dallas. The new community will encompass diverse income...
During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
Hits and Misses for the Real Estate Week of Aug. 24-28
