U.S. Housing Market Updates
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FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement shortly after it was released. Continue Reading FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
ATTOM Debuts Self-Service Data Platform
“With ATTOM Nexus, we’ve created a best-in-class experience,” said ATTOM’s Todd Teta. Continue Reading ATTOM Debuts Self-Service Data Platform
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Redfin and Zillow published rental housing data reports with little common ground. Continue Reading Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Report: Typical Home Sold in 2024 Was 36 Years Old
Only 9% of US homes were built in the 2010s. Continue Reading Report: Typical Home Sold in 2024 Was 36 Years Old
California Housing Affordability Level Improves Slightly
Compared with California, more than one-third (37%) of the nation’s households could afford to purchase a $402,300 median-priced home. Continue Reading California Housing Affordability Level Improves Slightly
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
“The national mortgage delinquency rate remained at a historic low in June,” said Molly Boesel, principal economist for CoreLogic. Continue Reading Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
Mortgage Rates Drop, But Still Above 7%
“Recent volatility makes it difficult to forecast where rates will go next,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Still Above 7%
Elon Musk Under Federal Probes for Allegedly Using Tesla Funds to Build a Glass House
Musk responded, “I’m not building a house of any kind, let alone a glass one!” Continue Reading Elon Musk Under Federal Probes for Allegedly Using Tesla Funds to Build a Glass House
Tracy Kasper Named NAR President, Ensures a ‘Welcoming, Safe and Respectful Workplace’
“Our commitment to our staff and our members is unwavering,” she said. Continue Reading Tracy Kasper Named NAR President, Ensures a ‘Welcoming, Safe and Respectful Workplace’
Core Specialty Insurance Holdings Enters the Mortgage Reinsurance Market
The company will provide excess of loss reinsurance on selected Freddie Mac and Fannie Mae mortgages. Continue Reading Core Specialty Insurance Holdings Enters the Mortgage Reinsurance Market
Q2 Investor Home Purchases Down 45% from One Year Earlier
In terms of market share, investors bought 15.6% of homes that were sold in the second quarter, down from 19.7% from one year ago. Continue Reading Q2 Investor Home Purchases Down 45% from One Year Earlier
Jason Kopcak Resigns as AAMC’s CEO
AAMC reported a second quarter net loss of $3.8 million earlier this month. Continue Reading Jason Kopcak Resigns as AAMC’s CEO
Backflip Debuts AI-Enabled My Leads for Property Investors
Backflip said beta testers for My Leads are experiencing 10 hours or more time savings per week. Continue Reading Backflip Debuts AI-Enabled My Leads for Property Investors
Aspen Property Seeks to Break Sales Record with $105 Million Listing
This would be the first Colorado home sale over the $100 million level. Continue Reading Aspen Property Seeks to Break Sales Record with $105 Million Listing
Pending Home Sales Inched Up in July
“Rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Inched Up in July
