U.S. Housing Market Updates
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Real Estate Investors Bought Fewer Properties During Q2
Redfin’s report covers both institutional and mom-and-pop investors. Continue Reading Real Estate Investors Bought Fewer Properties During Q2
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Wisconsin Home Sales Down While Listings and Prices Rise
The Wisconsin Housing Affordability Index had a value of 124 in May last month, up 5.1% from the value of 118 set in May 2024. Continue Reading Wisconsin Home Sales Down While Listings and Prices Rise
Case-Shiller Index Records 2.7% Annual Gain in April
Separately, the Federal Housing Finance Agency reported house prices were down 0.4% in April from March. Continue Reading Case-Shiller Index Records 2.7% Annual Gain in April
Florida Records Declines in Home Sales and Prices
The statewide median sales price for single-family existing homes last month was $415,000, down 2.7% from the previous year. Continue Reading Florida Records Declines in Home Sales and Prices
Feds Propose Rule for Real Estate Professionals to Report Potential Money Laundering
“Predicate offenses for money laundering through real estate continue to involve domestic and transnational activity,” said the Treasury report. Continue Reading Feds Propose Rule for Real Estate Professionals to Report Potential Money Laundering
Mortgage Applications Up While Most Americans Expect Lower Rates
The Fannie Mae Home Purchase Sentiment Index increased 3.5 points in January to 70.7, its highest level since March 2022. Continue Reading Mortgage Applications Up While Most Americans Expect Lower Rates
First Home Mortgage Corp. Rolls Out Down Payment Assistance Program
Under this program, the buyer contributes 1% and First Home Mortgage contributes 2% (up to $5,500) towards the down payment and/or closing costs. Continue Reading First Home Mortgage Corp. Rolls Out Down Payment Assistance Program
Freddie Mac Extends Mortgage Assistance to Very Low Income Borrowers
The funds can also be used to cover closing costs, escrow and mortgage insurance premiums. Continue Reading Freddie Mac Extends Mortgage Assistance to Very Low Income Borrowers
Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime
Livestream footage of this commercial will air on Atlanta television and on the Opendoor.com website. Continue Reading Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime
Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%
A new data study by LendingTree (NASDAQ:TREE) on racial disparities in homeownership has determined Black people make up an average of about 15% of the population across the nation’s 50 largest metros, but they only own an average of 10.15% of homes. In comparison,...
Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics
The most common migration routes were from blue states to red or purple states. Continue Reading Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics
Full-Floor NYC Condo Sells for Nearly $62 Million
The Asian buyer used a limited liability company to transact the deal. Continue Reading Full-Floor NYC Condo Sells for Nearly $62 Million
Survey Finds Rampant Fraud in Rental Housing Applications
Nearly one-quarter of the respondents’ eviction filings were linked to fraudulent applications. Continue Reading Survey Finds Rampant Fraud in Rental Housing Applications
Rocket Homes App Now on Apple Vision Pro
The Rocket Homes app also supports Apple’s SharePlay, enabling users to show a friend or family member what they see via FaceTime. Continue Reading Rocket Homes App Now on Apple Vision Pro
