The average U.S. homeowner spends $17,958 each year on non-mortgage expenses, according to new research from Real Estate Witch, an online resource published by Clever Real Estate. The greatest expense involves utilities – the average homeowner spends $5,362 per year....
Mortgage application activity was mostly flat last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.7% on a seasonally adjusted basis from one week...
Joe Rogan has weighed in on the percolating controversy surrounding the increase in squatter activity, stating that local laws designed to protect squatters’ rights were “basically allowing people to steal other people’s homes.” In his Saturday show, the popular...
A new bill introduced in the California legislature seeks to provide reparations for 1,800 Los Angeles families that were forcibly evicted from their homes in the area where Dodger Stadium was constructed. According to combined media reports, the mostly...
It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
The typical U.S. household is still unable to afford a median-priced home, although some progress has been made. According to new data from Redfin (NASDAQ:RDFN) that analyzed the February housing market, buyers needed to earn an annual income of $113,520 to afford the...
CMBS Delinquency Rate Dips by Single Basis Point
