Featured Real Estate News
Mortgage Application Activity Surges by 11%
Mortgage application activity enjoyed a vigorous upswing during the week ending Feb. 27, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally...
Mortgage Application Activity Surges by 11%
The FHA share of total applications decreased to 15.8% from 16.1% the week prior. Continue Reading Mortgage Application Activity Surges by 11%
Q3 Mortgage Originations Down Slightly
During the third quarter, 1.77 million mortgages were originated for residential properties with one to four units, a 1.6% decrease from the prior quarter but a 1.9% increase from the same period one year earlier. According to data from ATTOM, the $600.4 billion in...
The City with the Highest Mortgage Delinquency Rate Is…
If you were walking the streets of Laredo during the first half of the year, there would have been a good chance that you encountered someone burdened with mortgage delinquency. According to the newly published Cities with the Highest Mortgage Delinquency Rates report...
Fewer Homebuyers Have Post-Purchase Regret
The legendary French chanteuse Edith Piaf’s signature song “No, I Have No Regrets” appears to be the recurring theme in today’s US housing market, as a new report from Realtor.com found post-purchase buyer regret fell from 15% in 2023 to just 8% this year. The...
News & Current Events
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
“The idea that renters are young, mobile, and just passing through no longer holds true,” says Viler Lika, founder and CEO of SingleKey. Continue Reading Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership
JPMorgan Chase Allocates $40 Million for Affordable Housing Development
“We know that housing is at the root of local economic growth and homeownership is key to building generational wealth,” said JPMorgan Chase’s Tim Berry. Continue Reading JPMorgan Chase Allocates $40 Million for Affordable Housing Development
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Exclusive News
Civil Lawsuit Alleging Sexual Assault by the Alexander Brothers is Dismissed
The Alexander brothers still face criminal charges on sex trafficking and civil lawsuits alleging sexual assault. Continue Reading Civil Lawsuit Alleging Sexual Assault by the Alexander Brothers is Dismissed
New Home Sales Up in December
On a full-year measurement, an estimated 683,000 new homes were sold in 2024. Continue Reading New Home Sales Up in December
Report: Trump Team Having Difficulty Securing a New CFPB Director
Kathy Kraninger, who held the position in the first Trump administration from 2018 to 2021, is not interested in returning to Washington. Continue Reading Report: Trump Team Having Difficulty Securing a New CFPB Director
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
“We believe that Beacon would be a strong fit for QXO,” said Brad Jacobs, QXO’s chairman and CEO. Continue Reading QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
New York State Housing Inventory at Historic Low
Housing inventory fell 2.6% year-over-year in December to 23,198. Continue Reading New York State Housing Inventory at Historic Low
Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
SmartMLS, the Connecticut multiple listing service, found statewide home prices were up 8.2% year-over-year in the fourth quarter of 2024. Continue Reading Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
Brookfield Pays $1.6 Billion for Two Japanese Properties
“You’re going to see us doing a lot more in Japan,” said Brookfield’s Andrew Burych. Continue Reading Brookfield Pays $1.6 Billion for Two Japanese Properties
EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
The properties hold an average building age of 10 years and feature Grade A technical specifications. Continue Reading EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24