U.S. Housing Market Updates
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Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Nearly two-thirds (62%) of those potential Canadian sellers blamed Trump administration trade policies with Canada as the reason for their departure. Continue Reading Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
By the end of July, the total number of home sellers was 1.95 million, down from a peak of 1.96 million in May. Continue Reading Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Drillman pleaded guilty in December 2023 to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Seattle Office Building to be Converted Into Multifamily Housing
The property has been vacant since 2022. Continue Reading Seattle Office Building to be Converted Into Multifamily Housing
Zillow’s Hottest Housing Market for 2024 Is…
The typical mortgage payment for this upstate New York market was $1,792. Continue Reading Zillow’s Hottest Housing Market for 2024 Is…
Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year
Redfin’s Homebuyer Demand Index spiked by 10% from one month ago to its highest level since August. Continue Reading Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year
Mortgage Application Activity Ended 2023 in Decline
The holiday adjusted Refinance Index decreased 18% from two weeks ago. Continue Reading Mortgage Application Activity Ended 2023 in Decline
Middleburg Communities to Develop BTR Community in North Carolina
Construction on Hamlet Barclay West is expected to begin later this month. Continue Reading Middleburg Communities to Develop BTR Community in North Carolina
Not Moving Out: Billy Joel Says ‘Nobody’ Wants to Buy His $49 Million Mansion
The Grammy winner has been trying to find a seller since 2008. Continue Reading Not Moving Out: Billy Joel Says ‘Nobody’ Wants to Buy His $49 Million Mansion
New Studies Detail 2023’s Inbound and Outbound Migration Patterns
U-Haul reported Texas attracted the largest number of state-to-state movers using the company’s equipment in 2023. Continue Reading New Studies Detail 2023’s Inbound and Outbound Migration Patterns
Argyle Real Estate Partners Acquires South Carolina Community
The acquisition marks the company’s first in the Charleston market. Continue Reading Argyle Real Estate Partners Acquires South Carolina Community
New Supportive Housing Community Opens in Los Angeles
The three-story SagePointe building has 55 one-bedroom apartments and a two-bedroom manager’s home. Continue Reading New Supportive Housing Community Opens in Los Angeles
Hits and Misses for the Real Estate Week of Dec. 25-29
A lack of affordable homeownership options, another lawsuit over broker commissions and the sale of a Frank Lloyd Wright house tops this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 25-29
