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Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors

Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors

by Phil Hall | Jul 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ameritex Homes has launched a “July Sales Event” with rate buydowns as low as 4.99% through a preferred lender and assistance with closing costs on its move-in ready homes across Texas. The limited-time offer is available for qualified buyers on select...
FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages

FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages

by Phil Hall | Jul 5, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Administration (FHA) published translated versions of 19 single family mortgage documents used in the servicing of FHA-insured mortgages. The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. The...
Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective

Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective

by John G. Stevens | Jul 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

As we gather to celebrate the 248th anniversary of our nation’s independence this July 4th, I think it’s a great opportunity for us to reflect on the freedoms we cherish as Americans, especially the freedom we support in the real estate industry. I like to use...
Redfin: Median Sales Price Hits New Record High

Redfin: Median Sales Price Hits New Record High

by Phil Hall | Jul 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report by Redfin (NASDAQ:RDFN) tracking the four weeks ending June 30 has placed the median sales price at $397,954, an all-time high. This price is up 4.9% from one year ago, marking the largest annual increase since March. During the same period, the...
US Home Affordability Continued to Fray During Q2

US Home Affordability Continued to Fray During Q2

by Phil Hall | Jul 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable during the second quarter compared to historical averages in 99% of counties around the nation, according to new data from ATTOM, which also found that major expenses on median-priced homes consumed...
Mansion Tax Proposal Coming Back to Connecticut

Mansion Tax Proposal Coming Back to Connecticut

by Phil Hall | Jul 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new effort is underway to bring a mansion tax to Connecticut. CT Mirror reported State Sen. Martin M. Looney, a Democrat representing New Haven, is planning to put forth a mansion tax proposal when the state legislature reconvenes in January 2025. Looney, who is...
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