U.S. Housing Market Updates
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Historic Milwaukee Nursing Home to Become Affordable Housing Development
The four-story property opened in 1929 as the Milwaukee Jewish Home for the Aged. Continue Reading Historic Milwaukee Nursing Home to Become Affordable Housing Development
Realtors Sought for New Reality TV Series on Southwest Desert Markets
JS Casting has posted a casting call for “realtors with desert living expertise” for a new unscripted real estate series. Continue Reading Realtors Sought for New Reality TV Series on Southwest Desert Markets
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hits and Misses for the Real Estate Week of April 7-11
Selling stocks to buy a house, the continued delay on confirming the new CFPB director, and layoffs at Fannie Mae. Continue Reading Hits and Misses for the Real Estate Week of April 7-11
Home Price Increases Slowed for the Third Consecutive Month
Prices have increased for 21 consecutive months, with price appreciation peaking at 5.6% in December. Continue Reading Home Price Increases Slowed for the Third Consecutive Month
New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Reps. Darin LaHood (R-IL), Suzan DelBene (D-WA) reintroduced the bill. Continue Reading New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Hits and Misses for the Real Estate Week of May 8-12
There’s 74,582,671 square feet of vacant office space in the city – which is enough to fill more than 26 Empire State Buildings. Continue Reading Hits and Misses for the Real Estate Week of May 8-12
Fewer Listings, But Faster Home Sales
The median home sale price was $370,625, down 2.7% from a year earlier. Continue Reading Fewer Listings, But Faster Home Sales
Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb
If paying for quality photography is not part of your marketing budget, it should be. Continue Reading Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb
Mortgage Rates Inch Lower
“This week’s decrease continues a recent sideways trend in mortgage rates,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Inch Lower
Mortgage Delinquency Rate Drops to Historic Lows
“The mortgage delinquency rate fell to its lowest level for any first quarter since MBA’s survey began in 1979,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Drops to Historic Lows
Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Mortgage payments on a typical home could be 22% higher by September. Continue Reading Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Toll Brothers Unveils New Luxury Community for Utah
Construction of the sales center and model homes is now under way and sales will begin this fall. Continue Reading Toll Brothers Unveils New Luxury Community for Utah
Guest Opinion: How Real Estate Professionals Can Achieve Their Goals in Today’s Economy
The most valuable resource that real estate professionals can bring to their clients in this market is positivity. Continue Reading Guest Opinion: How Real Estate Professionals Can Achieve Their Goals in Today’s Economy
FHFA Rescinds Upfront Fees Based on DTI Ratio
“I appreciate the feedback FHFA has received from the mortgage industry and other market participants,” said FHFA Director Thompson. Continue Reading FHFA Rescinds Upfront Fees Based on DTI Ratio
Mortgage Application Activity in 6.3% Upswing
“Mortgage applications responded positively to a drop in rates last week,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity in 6.3% Upswing
