U.S. Housing Market Updates
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Builder Confidence Holds Steady
“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business
Housing Inventory Expands, But Delistings Are Also on the Rise
Delistings are growing faster than active inventory at 31.5%. Continue Reading Housing Inventory Expands, But Delistings Are Also on the Rise
Gannett in Partnership to Bring Real Estate Listings Across USA Today Network
Later this summer, USA Today will also launch “Homes Across America,” a photo gallery spotlighting homes across the country in a mix of styles and price ranges. Continue Reading Gannett in Partnership to Bring Real Estate Listings Across USA Today Network
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
“I’m calling on realtors to follow through on lowering commissions to protect homebuyers,” said Biden. Continue Reading NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
Chicago Voters Reject ‘Mansion Tax’ Referendum
The referendum was spurned by a 54% to 46% ratio. Continue Reading Chicago Voters Reject ‘Mansion Tax’ Referendum
RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
“Coming Soon listings represent the most recent and sought-after listings in the real estate industry,” said Tom Rossiter, CEO of RESAAS. Continue Reading RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
Agents Prepare for Worst in Wake of NAR Settlement Offer
Weekly Real Estate News polls our readers to find out what their thoughts were in regard to NAR’s settlement offer. Continue Reading Agents Prepare for Worst in Wake of NAR Settlement Offer
NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
Adele Andaloro was arrested for unlawful eviction when she changed the locks on her property. Continue Reading NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
California Home Sales Up 12.8%
Unsold inventory statewide in February was down 6.3% on a month-over-month basis. Continue Reading California Home Sales Up 12.8%
Poland Leads the World for Miami Property Searches
Most out-of-state searches originated in Georgia. Continue Reading Poland Leads the World for Miami Property Searches
Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
“There are constraints today, but I think should be a bit more optimistic about the next 12 to 24 months,” said Glasgow. Continue Reading Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
