Current News & Events
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Four FEMA employees who conducted the transaction, including Chief Financial Officer Mary Comans, have been fired by the DHS. Continue Reading DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
The typical home that sells takes 56 days to go under contract, the longest span in nearly five years. Continue Reading Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
Canada is dealing with a population that swelled by 17.4% between 2006 and 2021. Continue Reading New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ
“Your efforts to dismantle the CFPB are dangerous, and we will fight them at every turn,” the lawmakers stated. Continue Reading Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ
Indiana Developer Sentenced for Real Estate Fraud Scheme
In addition to the prison term, Whalen was sentenced to three years of supervised release. Continue Reading Indiana Developer Sentenced for Real Estate Fraud Scheme
Trump Nominates Jonathan McKernan to Become CFPB Director
McKernan stepped down from the board of directors of the Federal Deposit Insurance Corporation to be considered for the CFPB directorship. Continue Reading Trump Nominates Jonathan McKernan to Become CFPB Director
Mortgage Application Activity, Credit Availability on the Rise
The MBA’s Mortgage Credit Availability Index (MCAI) rose by 2.5% to 99.0 in January Continue Reading Mortgage Application Activity, Credit Availability on the Rise
Zillow and Redfin Partner on Multifamily Rental Listings
“We believe it will increase our overall traffic,” said Redfin CEO Glenn Kelman. Continue Reading Zillow and Redfin Partner on Multifamily Rental Listings
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
Multifamily lending alone is expected to rise to $361 billion this year. Continue Reading Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
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