U.S. Housing Market Updates
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Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Mortgage Application Activity Inches Up Again
The FHA share of total applications decreased to 18.7% from 19% the week prior. Continue Reading Mortgage Application Activity Inches Up Again
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Gene Simmons Lists Beverly Hills Mansion for $14 Million
“I don’t want anybody coming in there who is going to destroy the place,” said the KISS icon. Continue Reading Gene Simmons Lists Beverly Hills Mansion for $14 Million
Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
The survey found 38% of first-time homebuyers felt pressured to make a homebuying decision quickly. Continue Reading Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
The state paid $7.2 million over the past few years to buy three residential buildings. Continue Reading Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
Hits and Misses for the Real Estate Week of June 19-23
Americans are looking for Italian properties while Britons are looking at higher mortgage payments. Continue Reading Hits and Misses for the Real Estate Week of June 19-23
Mortgage Delinquency Rate Drops to Near-Record Low
Serious delinquencies (loans 90 or more days past due) were down by 18,000 from April, a 3.7% drop. Continue Reading Mortgage Delinquency Rate Drops to Near-Record Low
Home Sales Continue to Decline in New York State
May was the 43rd consecutive month that the number of homes available has fallen in year-over-year comparisons. Continue Reading Home Sales Continue to Decline in New York State
Santander Pledges $13.6 Billion for Community Reinvestment and Sustainable Finance
Santander Holdings USA Inc. announced its latest Community Plan, a three-year commitment of $4.6 billion in community reinvestment and $9 billion in sustainable finance. According to the company, its commitment will be divided along these lines: $1.5 billion in small...
Slide Insurance Closes on $35 Million Senior Credit Facility
“Our start-up year has been exceptional,” said Slide founder and CEO, Bruce Lucas. Continue Reading Slide Insurance Closes on $35 Million Senior Credit Facility
CrossCountry Mortgage Debuts Program to Help First-Time Buyers with Down Payment Costs
CCM Smart Start is available in all 50 states and Puerto Rico. Continue Reading CrossCountry Mortgage Debuts Program to Help First-Time Buyers with Down Payment Costs
Florida’s Housing Market: More Active Listings, Fewer Closed Sales
Active listings were up but new listings were down in May. Continue Reading Florida’s Housing Market: More Active Listings, Fewer Closed Sales
Planet Home Lending Buys MSR Portfolio from Village Capital & Investment
Planet plans to continue acquiring MSRs through bulk and co-issue transactions. Continue Reading Planet Home Lending Buys MSR Portfolio from Village Capital & Investment
Mortgage Rates Drop Again
“Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Chief Economist Sam Khater, Continue Reading Mortgage Rates Drop Again
Existing Home Sales Down 20% from One Year Ago
“Mortgage rates heavily influence the direction of home sales,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Down 20% from One Year Ago
