U.S. Housing Market Updates
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Pennsylvania Housing Inventory Hits 3-Year High
The median home price rose 6.5% year-over-year to $320,000 in July. Continue Reading Pennsylvania Housing Inventory Hits 3-Year High
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21. Continue Reading Mortgage Rates Remain Flat
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Faes & Co. Launches Private Credit Fund for Real Estate Bridging Finance
The Faes & Co Income Fund will invest in loans originated by Faes & Co.’s own group company, F2 Finance, which was launched earlier this year. Continue Reading Faes & Co. Launches Private Credit Fund for Real Estate Bridging Finance
RentSpree in Partnership with Florida’s Stellar MLS
“Our integration into the Stellar MLS platform offers brokers and agents immediate access to RentSpree’s robust tools,” said Co-Founder & CEO Michael Lucarelli. Continue Reading RentSpree in Partnership with Florida’s Stellar MLS
Freddie Mac Standardizes Down Payment Assistance Documents
Freddie Mac plans to have the standardized lien documents available for at 19 nineteen states by the end of the year. Continue Reading Freddie Mac Standardizes Down Payment Assistance Documents
Tech Trends: Automating Change Management Is the Key to Success
“We saw historically low interest rates. Now we must pick up the phone and hunt for business again,” said Mortgage Automation Technologies CEO Matthew VanFossen. Continue Reading Tech Trends: Automating Change Management Is the Key to Success
Survey: Fewer Buyers Are Willing to Wait to Home Price and Mortgage Rate Declines
Half of current homeowners said they would be encouraged to sell if their dream home became available. Continue Reading Survey: Fewer Buyers Are Willing to Wait to Home Price and Mortgage Rate Declines
Realtor.com Offers Forecast for 2024’s Top Housing Markets
“Home buyers are still looking for markets where they can capitalize on lower prices,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Realtor.com Offers Forecast for 2024’s Top Housing Markets
Hits and Misses of the Real Estate Week Nov. 27-Dec. 1
This week’s Hits and Misses include a Taylor Swift-inspired auction, two major cities winning global events and people who want the housing market to crash. Continue Reading Hits and Misses of the Real Estate Week Nov. 27-Dec. 1
MBA’s Broeksmit Expresses ‘Significant Concern’ Over Pausing Foreclosures on VA-Guaranteed Loans
“The VA needs to provide a detailed plan on how servicers will be reimbursed for advancing payments on behalf of borrowers,” he said. Continue Reading MBA’s Broeksmit Expresses ‘Significant Concern’ Over Pausing Foreclosures on VA-Guaranteed Loans
UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture
UMH will have the right to purchase the community from the joint venture after a certain period of time. Continue Reading UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture
Jeff Pancer Joins First Community Mortgage as EVP of Capital Markets
Prior to joining FCM, he was senior vice president of secondary markets at CMG Financial. Continue Reading Jeff Pancer Joins First Community Mortgage as EVP of Capital Markets















