Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This article is adapted and edited from a May 15 speech delivered at the Exchequer Club’s May 2024 meeting. My topic is familiar to many of you. It’s the administrative state—the...
Home sales and prices in Alabama were in decline during April, according to new data from the Alabama Association of Realtors. Last month, a total of 5,164 home sales were recorded in April, down 29.9% from the previous year but also up 3.8% from the previous month....
A total number of 110,000 homeowners were in forbearance plans during April, according to data from the Mortgage Bankers Association (MBA). The total number of loans in forbearance remained unchanged at 0.22% from one month earlier. Last month, the share of Fannie Mae...
U.S. News & World Report has published its 2024-2025 Best Places to Live in the U.S., which ranks 150 major cities based on value, desirability, job market and quality of life. This year’s first place winner was Naples, Florida. U.S. News acknowledged the city is...
With summer just around the proverbial corner, the data analysts at Realtor.com paid tribute to the sun-and-sand crowd with their 2024 edition of the Most Affordable Beach Towns in America list. Pascagoula, Mississippi, topped the rankings thanks to a housing market...
A 75-year-old widow in Florida who was forced to cancel the sale contract for her home after she broke her leg and was unable to move faced a demand from her real estate broker for the $23,000 sales commission on the terminated deal. According to a report by WFTS ABC...
Hits and Misses for the Real Estate Week of April 27-May 1
