U.S. Housing Market Updates
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A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
A diverse range of opinions can be found on the site formerly known as Twitter. Continue Reading A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
Builder Confidence at Highest Level in Eight Months
“We expect more consumers to jump off the sidelines and into the marketplace if mortgage rates continue to fall later this year,” said NAHB Chairman Carl Harris. Continue Reading Builder Confidence at Highest Level in Eight Months
Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
Andreesen and his wife acquired the 1.54-acre property in 2007 for $16.6 million. Continue Reading Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
Hits and Misses for the Real Estate Week of March 11-15
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 11-15
National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Last month, the organization vowed to appeal the Sitzer/Burnett verdict. Continue Reading National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Redfin: February’s New Listings Up 14.8% from Last Year
The new numbers echo a similar data report from Zillow. Continue Reading Redfin: February’s New Listings Up 14.8% from Last Year
Texas Attorney General Sues Real Estate Development for Fraudulent Practices
“Colony Ridge’s business model is predicated on churning land purchasers through a foreclosure mill,” said the lawsuit. Continue Reading Texas Attorney General Sues Real Estate Development for Fraudulent Practices
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. Continue Reading Mortgage Rates Drop Again
Zillow: New Listings Up 21%
Typical home values are up from last year in all but three major metros. Continue Reading Zillow: New Listings Up 21%
The Best Market for Buying Single-Family Rentals Is…
Median three-bedroom rents are rising faster than average wages in 197 of the 341 counties analyzed. Continue Reading The Best Market for Buying Single-Family Rentals Is…
New Click n’ Close Loan Program Aimed at Rural Markets
The new product is designed to aid homebuyers with down payment assistance, with availability in select markets. Continue Reading New Click n’ Close Loan Program Aimed at Rural Markets
Construction Technology Firm Icon Debuts Suite of Automated Products
“In the future, I believe nearly all construction will be done by robots,” said CEO Jason Ballard. Continue Reading Construction Technology Firm Icon Debuts Suite of Automated Products
Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management
“I’m an empty nester and the last thing I want to do now is maintain a big house with just my wife and me,” he said. Continue Reading Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management
Georgia Homeowners Sought for Upcoming Home Design Television Series
The casting company asked, “Do you have an interesting family story or emotional connection to your house?” Continue Reading Georgia Homeowners Sought for Upcoming Home Design Television Series