U.S. Housing Market Updates
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St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow
Rent Control Measure Added to California’s November Ballot
The California Apartment Association has emerged as the leading opponent to this endeavor. Continue Reading Rent Control Measure Added to California’s November Ballot
Mortgage Rates Rise to Just Below 7%
The 30-year fixed-rate mortgage averaged 6.95% as of July 3. Continue Reading Mortgage Rates Rise to Just Below 7%
Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors
Ameritex Homes start in the $200,000s and are located across Texas. Continue Reading Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors
FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. Continue Reading FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
A message from the publisher of Weekly Real Estate News. Continue Reading Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
Redfin: Median Sales Price Hits New Record High
The greatest year-over-year median sale price increases was recorded in Anaheim, California (14.7%). Continue Reading Redfin: Median Sales Price Hits New Record High
US Home Affordability Continued to Fray During Q2
Median home ownership costs in 582 of the 589 counties analyzed in the second quarter were less affordable than in the past. Continue Reading US Home Affordability Continued to Fray During Q2
Mansion Tax Proposal Coming Back to Connecticut
Gov. Ned Lamont has not commented on the proposal. Continue Reading Mansion Tax Proposal Coming Back to Connecticut
Mortgage Application Activity Slumps Again
The FHA share of total applications remained unchanged at 13.1%. Continue Reading Mortgage Application Activity Slumps Again
Study: Detroit Cited as Most Overvalued Housing Market
Eight of the 20 most overvalued housing markets are in Florida. Continue Reading Study: Detroit Cited as Most Overvalued Housing Market
