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First American: Housing affordability drops to lowest point since 2007
Source: Scotsman Guide --- The latest Real House Price Index (RHPI) report from First American Financial Corp. offered further confirmation that affordability is one of the U.S. housing market’s biggest issues. The RHPI, which measures the price changes of...
Families could be offered mortgages of 50 YEARS that they can then pass to their children under plans being considered to help them buy bigger homes
Source: Daily Mail --- Families could be offered mortgages of 50 years or more that can be passed between generations under plans being considered by Boris Johnson. Lenders will be encouraged to let buyers borrow over terms lasting five decades or even longer so they...
Redfin Adds Enhancements to AI-Powered Home Design Tool
Users can now access AI-powered recommendations for light renovations, furniture and decor. Continue Reading Redfin Adds Enhancements to AI-Powered Home Design Tool
Parkour Team Damaged Italian Historic Building for Online Video Stunt
Matera was designated as a UNESCO World Heritage Site in 1993 and was crowned “European Capital of Culture” in 2019. Continue Reading Parkour Team Damaged Italian Historic Building for Online Video Stunt
A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Ten real estate-related questions for the two presumptive presidential candidates. Continue Reading A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts
The ruling stated Murray Kurtenbach “published posts on his Facebook page perpetuating transphobia.” Continue Reading Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts
Alabama Home Sales Up for Fourth Consecutive Month
The median sales price in May fell by $23,692 to $204,184, a 10.4% year-over-year decline. Continue Reading Alabama Home Sales Up for Fourth Consecutive Month
Justin Timberlake Sells 127-Acre Tennessee Property at Discount
The singer/actor listed the property last summer for $10 million. Continue Reading Justin Timberlake Sells 127-Acre Tennessee Property at Discount
Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
During May, the $1,653 median apartment asking rent in May was $47 below its record high. Continue Reading Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
Treasury Department Rolls Out New Initiative to Increase Housing Affordability
“Given the scale of the challenge, we must and will continue to do more,” said Treasury Secretary Janet Yellen. Continue Reading Treasury Department Rolls Out New Initiative to Increase Housing Affordability
Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77
Jaeger would often describe himself as “just a plumber from the Ninth Ward.” Continue Reading Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77
Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans
The funds will support the construction of more than 300 new housing units and the repair of nearly 200 additional units. Continue Reading Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans
Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
