Featured Real Estate News
February New Home Purchase Mortgage Applications Up by 0.9%
Mortgage applications for new home purchases increased 0.9% year-over-year in February, according to data from the Mortgage Bankers Association (MBA). Compared to January, applications decreased by 1%. The MBA estimated new single-family home sales were running at a...
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
Century Communities Debuts Luxury Townhome Community in St. Augustine
The homebuilder Century Communities Inc. (NYSE: CCS) has previewed its latest endeavor with Breakwater Villas, a luxury townhome community in St. Augustine, Florida. The community will offer three-story townhomes with elevators and rooftop terraces. The residences...
HUD Drops Claims of Discrimination by Texas General Land Office
The Department of Housing and Urban Development (HUD) has closed a Biden-era civil rights investigation into how the Texas General Land Office (GLO) distributed of disaster mitigation funds, claiming the probe was politically motivated. The GLO manages HUD’s Community...
New YouTube Channel ‘Under 30 Homebuyer’ Focuses on Young First-Time Buyers
At a time when the average first-time homebuyer age is 40, a new YouTube channel has launched with a series of videos highlighting homebuyers in their twenties. Three Creeks Media has launched "Under 30 Homebuyer," with a series of videos hosted Kara Cherea Sullivan,...
News & Current Events
Indiana House Speaker to Sponsor Bears Stadium Bill
Gov. Mike Braun has advocated for having the Bears in Indiana. Continue Reading Indiana House Speaker to Sponsor Bears Stadium Bill
Simon to Begin Renovations and Upgrades at 3 Mall Properties
This investment reflects Simon’s focus on strategic redevelopments to create vibrant, modern environments that cater to today’s shopper,” said Eli Simon, chief operating officer. Continue Reading Simon to Begin Renovations and Upgrades at 3 Mall Properties
Mortgage Rates Inch Up for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5. Continue Reading Mortgage Rates Inch Up for Third Straight Week
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Exclusive News
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
The plaintiff, who was not publicly identified, is seeking class-action status for the lawsuit that will include financial compensation of up to $25,000 a person. Continue Reading Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
The judge ruled the developers behind the project, were “likely to suffer irreparable harm in the absence of an injunction.” Continue Reading Judge Rules Work Can Resume on Trump-Blocked New England Offshore Wind Project
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
Tony Sertich Named Executive Director at the California Housing Finance Agency
Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of Housing and Community Development. Continue Reading Tony Sertich Named Executive Director at the California Housing Finance Agency
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
He was previously general counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. Continue Reading Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low