U.S. Housing Market Updates
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HUD Cracks Down on Illegal Immigrants in Public Housing
“HUD will leverage all available enforcement actions against entities who do not comply with the request for citizenship information,” said Secretary Scott Turner. Continue Reading HUD Cracks Down on Illegal Immigrants in Public Housing
Hits and Misses for the Real Estate Week of Aug. 25-29
A fight over the Fed, an upcoming exodus of Canadians returning going home, and a growing wave of property tax reform efforts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 25-29
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Kentucky Home Sales Rise Amid Wider Number of New Listings
The median sales price during the month was $279,000, up 6% month-over-month and up 3.4% year-over-year. Continue Reading Kentucky Home Sales Rise Amid Wider Number of New Listings
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
American Real Estate Association Unveiled as NAR Alternative
A pair of high-profile real estate agents have unveiled their effort to directly challenge the National Association of Realtors (NAR) as the trade organization representing their profession. Jason Haber, a New York City-based agent with Compass, and Mauricio Umansky,...
Forecast Projects Increase in Condo Communities During 2024
Community associations represent more than 30% of the U.S. housing stock. Continue Reading Forecast Projects Increase in Condo Communities During 2024
MBA: Only 0.23% of Loans in Forbearance at the End of 2023
According to MBA’s estimate, 115,000 homeowners are in forbearance plans. Continue Reading MBA: Only 0.23% of Loans in Forbearance at the End of 2023
FHLBank San Francisco Launches $1 Million Tribal Nations Program
Grant dollars from the Tribal Nations Program will be allocated based on the percentage of Native American population across the Bank’s three-state district of Arizona, California, and Nevada. Continue Reading FHLBank San Francisco Launches $1 Million Tribal Nations Program
Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
The property was listed last May at $8 million but sold for $6 million. Continue Reading Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
The editors claimed the policy change’s “main beneficiaries are the housing lobby.” Continue Reading Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
Hits and Misses for the Real Estate Week of Jan. 15-19
This week’s Hits and Misses include another broker commission lawsuit, an accounting giant exiting its namesake building and Alec Baldwin’s unlikely home selling strategy. Continue Reading Hits and Misses for the Real Estate Week of Jan. 15-19
FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
The deadline to file a claim is March 18. Continue Reading FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
Florida’s Single-Family Home Sales Down 10.3% for 2023
The statewide median sales price for single-family existing homes at year’s end was $410,000, up 1.9% from the previous year. Continue Reading Florida’s Single-Family Home Sales Down 10.3% for 2023
New York State Ends 2023 with Record-Low Home Inventory
The $380,000 median sales price was 10.1% higher than the $345,000 price in December 2022. Continue Reading New York State Ends 2023 with Record-Low Home Inventory
