U.S. Housing Market Updates
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$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Listings Featuring Swimming Pools at an All-Time High
Realtor.com acknowledged that homes with pools are generally larger than those without. Continue Reading Listings Featuring Swimming Pools at an All-Time High
Pennsylvania Home Sales Up 11%
April’s median sales price of $295,000 was up 3.5% month-over-month and up 7% since the beginning of the year. Continue Reading Pennsylvania Home Sales Up 11%
MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
MBA President and CEO Bob Broeksmit praised the administration’s focus on deregulation. Continue Reading MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
Capital Square Teams with Japanese Firm to Acquire BFR Single-Family Community in Texas
The 100-unit Creekside Terrace is being developed by Pulte Homes. Continue Reading Capital Square Teams with Japanese Firm to Acquire BFR Single-Family Community in Texas
New Energy-Efficient Townhome Community Opens in Long Beach
The Dawson is located in the city’s historic Rose Park neighborhood. Continue Reading New Energy-Efficient Townhome Community Opens in Long Beach
Jennifer Lopez and Ben Affleck Take Out $20 Million Mortgage on Their New Beverly Hills Home
The residence encompasses 38,000 square feet with 12 bedrooms, 24 bathrooms and parking for 92 cars. Continue Reading Jennifer Lopez and Ben Affleck Take Out $20 Million Mortgage on Their New Beverly Hills Home
Hits and Misses for the Real Estate Week of Oct. 2-6
Robert F. Kennedy Jr., Dave Portnoy and a century-old Iowa jailhouse are in the spotlight with the Hits and Misses for this week. Continue Reading Hits and Misses for the Real Estate Week of Oct. 2-6
Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion
The property was designated as a National Historic Landmark in 1976. Continue Reading Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion
Herbie Huesman Named SVP of Real Estate at USAA FSB
Most recently, Huesman served as the bank’s interim general manager for real estate. Continue Reading Herbie Huesman Named SVP of Real Estate at USAA FSB
30-Year Fixed-Rate Mortgage Surges to 7.49%
Sam Khater, Freddie Mac’s chief economist, noted the market is facing “the highest mortgage rates in a generation.” Continue Reading 30-Year Fixed-Rate Mortgage Surges to 7.49%
RFK Jr. Offers Proposal to Expand Homeownership
The presidential candidate called out Black Rock, State Street and Vanguard for snapping up single-family homes. Continue Reading RFK Jr. Offers Proposal to Expand Homeownership
Home Prices Up (Again) While Inventory Shrinks (Again)
“Buyers still struggle with the triple threat of rising listing prices, record-high mortgage rates, and limited inventory,” said Realtor.com’s Danielle Hale. Continue Reading Home Prices Up (Again) While Inventory Shrinks (Again)
Which is More Stressful: Homebuying or Dating?
67% of baby boomers felt divorce was more stressful than homebuying. Continue Reading Which is More Stressful: Homebuying or Dating?
