Home sales in February recorded a 17% upswing from January and a 2.3% uptick from one year earlier, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). “The February jump in sales activity illustrates the strength of demand in...
The Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program, which marks the first time since 2008 that the loan limits are being increased. Effective for FHA case numbers assigned on or after March 29, the new...
Single‐family housing starts in February were at a rate of 1.12 million, according to new data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. This is 11.6% above the revised January figure of 1.01 million. Privately‐owned housing...
Following Friday’s announcement of the National Association of Realtors’ (NAR) $418 million settlement of the Sitzer/Barnett lawsuit and its pledge to change its commission structure in the home sale process, a lot of people had the overwhelming urge to voice their...
Builder confidence in the market for newly built single-family homes climbed three points to 51 in March, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This is the highest level since July 2023, as...
Billionaire tech investor Marc Andreesen has listed his mansion in the ultra-upscale town of Atherton, California for $33.3 million. The Wall Street Journal reported that Andreessen – who co-founded Netscape and whose venture-capital firm Andreessen Horowitz were...