U.S. Housing Market Updates
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Rocket Companies and Compass Announce 3-Year Strategic Alliance
“When barriers are removed and supply grows, affordability improves,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies and Compass Announce 3-Year Strategic Alliance
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Kentucky Home Sales Drop Amid Spike in New Listings
“Despite being in the middle of real estate’s slower season, now is still a great time to buy in Kentucky,” said Kentucky Realtors CEO Josh Summers. Continue Reading Kentucky Home Sales Drop Amid Spike in New Listings
DDB Capital to Create 52-Acre Residential Community in Alabama
The first home sales are anticipated in the fourth quarter of this year. Continue Reading DDB Capital to Create 52-Acre Residential Community in Alabama
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
South Florida Real Estate Gets Increased Inquiries from China
“Asia represents the next major growth market for South Florida real estate,” Alfredo Pujol, chairman of the board of the Miami Association of Realtors. Continue Reading South Florida Real Estate Gets Increased Inquiries from China
New Reports Find 2025 Ended with Slowing Home Price Acceleration
“National home prices grew just 1.3% for the year — the weakest full-year gain since 2011” said Nicholas Godec at S&P Dow Jones Indices. Continue Reading New Reports Find 2025 Ended with Slowing Home Price Acceleration
Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes
“Today Democrats are introducing legislation to stop Wall Street from snapping up homes in bulk and jacking up rent for families,” said Sen. Elizabeth Warren. Continue Reading Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes
Nearly 14% of Home Sales Canceled During January
Homebuyers need to earn $111,000 per year to afford the typical home, about $25,000 more than the median household income. Continue Reading Nearly 14% of Home Sales Canceled During January
