U.S. Housing Market Updates
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Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Trump Says He Will Take Fannie Mae and Freddie Mac Public
Trump did not provide a timeline or details for this endeavor. Continue Reading Trump Says He Will Take Fannie Mae and Freddie Mac Public
Luxury Home Prices Rise While Pending Sales Activity Slows
In comparison, non-luxury home prices grew 4.1% to a record high median of $374,598. Continue Reading Luxury Home Prices Rise While Pending Sales Activity Slows
New Reports Highlight Best Cities for New College Graduates and for Raising Families
Fremont, California, was picked by WalletHub as the best city for families. Continue Reading New Reports Highlight Best Cities for New College Graduates and for Raising Families
New Phase of 258 Lots Added to Texas’ Elevon Community
“This mix will create more interesting and appealing streetscapes within the community,” said Blake Friesenhahn, vice president of Pacesetter Homes DFW. Continue Reading New Phase of 258 Lots Added to Texas’ Elevon Community
Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
A new AI chat interface in Pathfinder is being tested to help mortgage bankers and brokers answer client questions. Continue Reading Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
David H. Stevens: Biden White House Has a ‘Significant Leadership Void’ on Housing Policy
“It’s literally destroying the hopes and aspirations of younger Americans who want to buy a home,” he said. Continue Reading David H. Stevens: Biden White House Has a ‘Significant Leadership Void’ on Housing Policy
White House Voices Support (But Offers No Funds) to Convert Commercial Properties Into Residential Units
President Biden has yet to deliver a speech specifically addressing the housing market. Continue Reading White House Voices Support (But Offers No Funds) to Convert Commercial Properties Into Residential Units
Hits and Misses for the Real Estate Week of Oct. 23-27
An uptick in home sales, a rise in retail crime and Jamie Dimon sells off some of his JPMorgan shares. Continue Reading Hits and Misses for the Real Estate Week of Oct. 23-27
Nearly One-Third of Homeowners Have $1,000 or Less Saved for Home Emergency
Nearly 60% of homeowners said they cannot afford to handle the repairs now. Continue Reading Nearly One-Third of Homeowners Have $1,000 or Less Saved for Home Emergency
The Rattiest City in America Is…
Rodents invade an estimated 21 million U.S. homes each fall. Continue Reading The Rattiest City in America Is…
U-Haul Teams With Moved in Partnership Aimed at Multifamily Sector
This is U-Haul’s first outside investment in a software firm. Continue Reading U-Haul Teams With Moved in Partnership Aimed at Multifamily Sector
New Platform Helps Bay Area Residents Stay in Their Homes
Stay Housed Bay Area is billed as the first region-wide platform of its kind. Continue Reading New Platform Helps Bay Area Residents Stay in Their Homes
Guest Opinion: How CDFIs Address the Obstacles in Native American Homeownership
Unfortunately, there are limited options for Native CDFI’s providing mortgage lending to sell mortgage portfolios to the secondary housing market. Continue Reading Guest Opinion: How CDFIs Address the Obstacles in Native American Homeownership
