U.S. Housing Market Updates
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Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
The estate provides 570 feet of shoreline along Geist Reservoir with a three-slip boat deck. Continue Reading Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
“All Californians deserve an affordable place to live — close to jobs, schools, and opportunity,” said Newsom in a statement. Continue Reading Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
West purchased the property in 2021 for $57 million but left unfinished after a highly publicized but ill-fated renovation project. Continue Reading Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
MBA: Slower Pace on Applications for New Home Purchase Applications
The average loan size for new homes decreased from $400,150 in May to $399,879 in June. Continue Reading MBA: Slower Pace on Applications for New Home Purchase Applications
Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing
Apple Inc. (NASDAQ:AAPL) has partnered with three nonprofits – San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home – to launch the new Bay Area Housing Innovation Fund with the goal of originating targeted loans to advance affordable...
NHP Foundation Acquires Historic Section 8 Property in Massachusetts
This acquisition is one of the largest transactions by the foundation. Continue Reading NHP Foundation Acquires Historic Section 8 Property in Massachusetts
All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Sales began in October, with Armani himself purchasing a unit the 12-story complex. Continue Reading All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.77% as of July 18. Continue Reading Mortgage Rates Drop Again
RE/MAX: June Home Sales Decline Amid Inventory Upswing
“It’s good to see inventory levels rising, as more listings represent more options for buyers,” said Amy Lessinger, President of RE/MAX. Continue Reading RE/MAX: June Home Sales Decline Amid Inventory Upswing
JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’
“Joe Biden’s inflation crisis, my friends, is really an affordability crisis,” he said. Continue Reading JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’
California Home Sales Edged Lower in June
The million-dollar-and-higher market segment rose year-over-year in June by 2%. Continue Reading California Home Sales Edged Lower in June
Proposed Law Would Require Air Conditioning for All NYC Tenants
Roughly 350 New Yorkers die from heat-related illnesses each summer. Continue Reading Proposed Law Would Require Air Conditioning for All NYC Tenants
HUD Proposes New Rule for Governing FHA Mortgage Note Sales
HUD is requesting public comment on its proposal by Sept. 16. Continue Reading HUD Proposes New Rule for Governing FHA Mortgage Note Sales
