U.S. Housing Market Updates
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Tech Trends: In Pursuit of User-Friendly Solutions
This week’s edition of Tech Trends offers four new solutions designed to make life easier for home sellers, property managers, and real estate investors. Continue Reading Tech Trends: In Pursuit of User-Friendly Solutions
Report: Large Banks Originating More ARMs
“Future reset risk is mitigated by large banks’ continued focus on lending to borrowers with high credit scores and low leverage,” the report said. Continue Reading Report: Large Banks Originating More ARMs
The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
The property was completed and offers a mix of studios, one-, two- and three-bedroom units. Continue Reading The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million
The transaction marks the second time Neighborhood Ventures purchased a distressed property and the first in foreclosure. Continue Reading Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million
Hits and Misses for the Real Estate Week of March 31-April 4
An unlikely speaker at a real estate conference, an unlikely subject for a new museum and unlikely behavior by a mortgage industry CEO. Continue Reading Hits and Misses for the Real Estate Week of March 31-April 4
MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
The national PAPI rose to 171.5 in March from 168.9 in February, a record high. Continue Reading MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
Guest Opinion: Can Solar Tax Credits Help Make Housing More Affordable?
Many states offer their own state tax credits for solar installs that work in tandem with the federal-level credit. Continue Reading Guest Opinion: Can Solar Tax Credits Help Make Housing More Affordable?
MBA: Mortgage Applications Up 3.7%
The seasonally adjusted Purchase Index increased 5%. Continue Reading MBA: Mortgage Applications Up 3.7%
Is A New Housing Bubble Being Formed?
“Plainly put, a generational housing bubble is on the horizon,” the authors said in Kelley Real Estate Outlook. Continue Reading Is A New Housing Bubble Being Formed?
Real Estate Trade Groups Voice Support of Federal Fair Housing Rule
“Realtors are champions for diverse, inclusive communities where everyone can thrive,” said 2023 NAR President Kenny Parcell. Continue Reading Real Estate Trade Groups Voice Support of Federal Fair Housing Rule
CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
CFPB Director Rohit Chopra said that “threatening to sue to collect on expired zombie mortgage debt is illegal.” Continue Reading CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
Rental Housing Prices Up in March
The greatest rent hikes were in Indianapolis (10.3%), Cincinnati (9.6%) and Milwaukee (7.8%). Continue Reading Rental Housing Prices Up in March
Case-Shiller: Home Prices Up in February
Before seasonal adjustment, the U.S. National Index posted a 0.2% month-over-month increase in February. Continue Reading Case-Shiller: Home Prices Up in February
Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction
The Sheriff’s Office in Osage County has selected Bid4Assets to host the auction. Continue Reading Sheriff’s Office to Conduct Oklahoma’s First Online Foreclosure Auction
Florida Home Sales Down While Prices Remain Elevated
“Buyers in Florida remain challenged by mortgage rates above 6% and economic pressures like inflation,” observed 2023 Florida Realtors President G. Mike McGraw. Continue Reading Florida Home Sales Down While Prices Remain Elevated













