Current News & Events
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
Mortgage Credit Availability Inched Up in January
“Overall credit availability remained close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up in January
Applications Now Open for NAR’s 2024 Good Neighbor Awards
Five winners will each receive a $10,000 grant for their nonprofit organization. Continue Reading Applications Now Open for NAR’s 2024 Good Neighbor Awards
CFPB Settles Enforcement Suit Filed 10 Years Ago
In May 2014, the CFPB filed a complaint against Consumer First Legal Group LLC and four attorneys. Continue Reading CFPB Settles Enforcement Suit Filed 10 Years Ago
New Forecast Predicts 77,000 Home Sales for Greater Toronto Area in 2024
The average selling price for all home types in the GTA market will reach $1.17 million this year, the TRREB predicted. Continue Reading New Forecast Predicts 77,000 Home Sales for Greater Toronto Area in 2024
Safe and Green Development Corp. Acquires XENE Real Estate AI Software
The platform is being promoted as a tool to streamline property transactions. Continue Reading Safe and Green Development Corp. Acquires XENE Real Estate AI Software
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
86% of Metro Areas Posted Home Price Gains in Q4 2023
The national median single-family existing home price was up by 3.5% from a year ago to $391,700. Continue Reading 86% of Metro Areas Posted Home Price Gains in Q4 2023
MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
The FHA delinquency rate spiked by 131 basis points to 10.81%, the highest level since the third quarter of 2021. Continue Reading MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
NAHB: Housing Affordability Remains Near Historic Low Level
37.7% of new and existing homes sold in the fourth quarter were affordable to families earning the national median income of $96,300. Continue Reading NAHB: Housing Affordability Remains Near Historic Low Level
New Study Tracks Commercial Real Estate’s Impact on US GDP
Total construction spending was up by an estimated 5.6% in 2023 and accounted for approximately 20.6% of total GDP. Continue Reading New Study Tracks Commercial Real Estate’s Impact on US GDP
Recent Posts
Hits and Misses for the Real Estate Week of June 29-July 3- Two Harbors Stockholders Approve Merger with CrossCountry Mortgage
- Toronto Home Sales Surge Amid Decline in New Listings
- Historic Pittsburgh Site of National Negro Opera Company Receives $1.75 Mil…
- Jenni Bonura Named Chief Growth Officer at First Multiple Listing Service
