A Phil Hall Op-Ed: Here’s a question for the real estate brokers out there: What are the business challenges that will flummox you this year? Okay, that’s not an original question on my part – the folks at Delta Media Group asked that question of more than 130...
The median U.S. asking rent rose 1.1% year-over-year to $1,964 in January, according to new data from Redfin (NASDAQ:RDFN). This marked the largest annual increase since March 2023. On a month-over-month basis, the asking rent level remained unchanged. However, Redfin...
Only 15% of California households during the fourth quarter of 2023 were able to afford the state’s $833,170 median-priced home, according to new data from the California Association of Realtors (CAR). This was unchanged from the third quarter 2023 (when the...
Mortgage credit availability recorded a mild uptick during January, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) recorded a 0.7% uptick last month to a 92.7 reading; the index was benchmarked to...
The 30-year fixed-rate mortgage averaged 6.64% as of Feb. 8, recording a scant uptick from last week when it averaged 6.63%, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.12%. The 15-year...
Federal Judge Vacates CFPB Funding Cutoff, Rejects Fed-Profit Theory
