Mortgage application activity was flat in the latest data report from the Mortgage Bankers Association (MBA) covering the week ending Oct. 25. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.1% on a seasonally adjusted...
As the 2024 presidential race progresses, housing policy has emerged as a pivotal focus for real estate professionals and industry stakeholders. Kamala Harris and Donald Trump offer contrasting frameworks to address the pressing challenges of housing affordability,...
Kanye West has bounced back from a disastrous house flip in Malibu with the acquisition of a mansion in Beverly Hills. TMZ reported the controversial rapper and entrepreneur paid $35 million in an off-market transaction for a property in the Beverly Park North gated...
The Austin-based real estate investment, development, and operating platform The Amherst Group has begun constructing a new 145-home community in Lockhart, Texas. Named “Firefly,” the community is built entirely leveraging the company’s StudioBuilt modular...
Home prices are still on the rise, but two new data reports are pointing to a slowing acceleration. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 4.2% annual return for August, down from a 4.8% annual gain in July. The 10-City...
Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This column is edited and adapted from prepared remarks delivered today at the MBA’s 2024 Annual Convention and Expo in Denver. While the rest of the country is anxious about the...
Hits and Misses for the Real Estate Week of June 29-July 3
