Featured Real Estate News
Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Axis Partners, an Atlanta-headquartered real estate investment platform, has partnered with Sweetwater Holdings on the $111 million sale of an 85-acre portfolio comprised of 22 industrial outdoor storage facilities located primarily throughout the Sunbelt states. The...
Trump Suggests He is Opposed to Lowering Home Prices
President Trump took to the lectern at the World Economic Forum in Davos, Switzerland, to deliver his much-promoted speech designed to outline his administration’s efforts to encourage affordable homeownership. However, the speech offered no new ideas and gave the...
Supreme Court Voices Skepticism Over Trump’s Effort to Fire Fed Gov. Lisa Cook
The justices on the US Supreme Court were highly skeptical to the Trump administration’s arguments that the president has the authority to fire Federal Reserve Gov. Lisa Cook over unsubstantiated allegations of mortgage fraud that occurred before she joined the...
News & Current Events
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
Trump offered no explanation for this action, which was issued on Jan. 15 without an official announcement. Continue Reading Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
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Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
The Best Housing Markets? Two New Data Reports Offer Different Opinions
Realtor.com and WalletHub offer rival data reports. Continue Reading The Best Housing Markets? Two New Data Reports Offer Different Opinions
Kentucky Home Sales Up During July
July’s median sales price of $279,900 marked a 1.81% decline from June, but it was also 5.6% higher than July 2024’s price. Continue Reading Kentucky Home Sales Up During July
America’s Most Expensive ZIP Code Is…
The top ranked Fisher Island section of Miami Beach’s $11.9 million median listing price is more than 27 times the national median. Continue Reading America’s Most Expensive ZIP Code Is…
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
The advertisement touts President Trump as a leader “who stands by us and the basic principle that all Americans deserve to dream and dream big.” Continue Reading FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
California Home Sales and Prices Declined in July
Total active listings were up 37.7% from one year earlier, reaching a 69-month high. Continue Reading California Home Sales and Prices Declined in July
Canadian Housing Starts Up by 4%
Montreal posted a 212% year-over-year increase in actual housing starts, which was attributed to a high level of multi-unit starts. Continue Reading Canadian Housing Starts Up by 4%
USDA to Cease Funding Solar and Wind Power Installations on Farmland
Solar and wind projects are no longer eligible for the Rural Development Business and Industry Guaranteed Loan Program. Continue Reading USDA to Cease Funding Solar and Wind Power Installations on Farmland
Housing Starts Up in July
However, the increase in housing starts did not spark much enthusiasm among industry experts. Continue Reading Housing Starts Up in July