U.S. Housing Market Updates
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Mortgage Application Activity Slows Down
“Mortgage applications fell to their lowest level since May,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Slows Down
Number of DC-Area Homes for Sale Up 22.7% from Last Year
Only about one-third (35.7%) of homes sold over asking price, down from nearly half (47.8%) a year earlier. Continue Reading Number of DC-Area Homes for Sale Up 22.7% from Last Year
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Can Home Staging Speed Up Sales and Boost the Transaction Price?
Most buyers’ agents (83%) said staging a home made it easier for the buyer to envision the property as their future home. Continue Reading Can Home Staging Speed Up Sales and Boost the Transaction Price?
RentRedi Debuts Monthly Newsletter Aimed at Rental Housing Investors and Managers
The newsletter will be available to any interested parties, not just RentRedi customers. Continue Reading RentRedi Debuts Monthly Newsletter Aimed at Rental Housing Investors and Managers
Rosie O’Donnell Departed for Ireland While Selling Her NYC Penthouse at $3.25 Million Loss
She bought the property in 2017 for $8 million. Continue Reading Rosie O’Donnell Departed for Ireland While Selling Her NYC Penthouse at $3.25 Million Loss
Active Listings Fall Below Pre-Pandemic Levels
Last month, the active housing inventory was 47.8% below the July 2019 level. Continue Reading Active Listings Fall Below Pre-Pandemic Levels
Zillow Acquires Real Estate Photography Software Platform Aryeo
Aryeo was founded in 2019 by three former real estate photographers. Continue Reading Zillow Acquires Real Estate Photography Software Platform Aryeo
Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Cher bought the property in 1991 for $1.5 million and sold it five years later for $4.35 million. Continue Reading Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac’s Sam Khater attributed the rising rates to “upbeat economic data and the U.S. government credit rating downgrade.” Continue Reading Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts
The enhancement is designed to expandaccess to homeownership by qualified self-employed borrowers. Continue Reading Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts
Guest Opinion: A Possible Plan to Increase the Housing Stock While Improving Affordability
At each four-month interval during the two years, the program would be re-assessed for its efficacy. Continue Reading Guest Opinion: A Possible Plan to Increase the Housing Stock While Improving Affordability
Capital Square Launches LLC Offering to Fund Single-Family BFR Development Near Phoenix
“This is an exciting opportunity to invest in a high growth Southwest market,” said Capital Square Co-CEO Louis Rogers. Continue Reading Capital Square Launches LLC Offering to Fund Single-Family BFR Development Near Phoenix
Mortgage Application Activity Slows Again
The refinance share of mortgage activity inched up to 28.9% of total applications from 28.7% in the previous week. Continue Reading Mortgage Application Activity Slows Again
Zillow and Redfin Partner on New-Construction Listings Endeavor
“This is a win-win-win for our customers, agents and the builders who advertise with Zillow, who will now reach the homebuyers on Redfin,” said Redfin’s Adam Wiener. Continue Reading Zillow and Redfin Partner on New-Construction Listings Endeavor
FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million
The program provides $15,000 in down payment assistance to those who are first-time nonwhite homebuyers in Indiana and Michigan. Continue Reading FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million
