U.S. Housing Market Updates
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BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
“Our hearts break as we witness the catastrophe unfolding in Texas,” said HUD Secretary Turner. Continue Reading HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Private Connecticut Island Relisted at Discount
Burr Island is part of the Thimble Islands, an archipelago of 365 small islands in Stony Creek Harbor off the central Connecticut coast. Continue Reading Private Connecticut Island Relisted at Discount
Newberry Homes Enters Orlando Market with Six-Home Community
Construction on the new homes is scheduled to be completed in 2026. Continue Reading Newberry Homes Enters Orlando Market with Six-Home Community
Lennar to Build 1,500 Colorado Homes with Geothermal Systems
The endeavor will take advantage of Colorado’s state tax credit for geothermal heat pumps. Continue Reading Lennar to Build 1,500 Colorado Homes with Geothermal Systems
Builder Confidence in Mild Uptick
“Currently, one-third of housing inventory is new construction, compared to historical norms of a little more than 10%,” added NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence in Mild Uptick
A Phil Hall Op-Ed: Lower Those Mortgage Rates…Or Else?
The threat by homebuyers to sit on the sidelines until mortgage rates continue to decline is not an act of idle petulance. Continue Reading A Phil Hall Op-Ed: Lower Those Mortgage Rates…Or Else?
Most Homeowners Waiting for Mortgage Rates to Drop Before Selling
he survey found 85% of potential sellers were happy with the amount of equity they have in their home. Continue Reading Most Homeowners Waiting for Mortgage Rates to Drop Before Selling
Survey Finds Homeowners Delaying Improvement Projects Due to Inflation
Energy efficient renovation were high on the list of 59% of the surveyed homeowners. Continue Reading Survey Finds Homeowners Delaying Improvement Projects Due to Inflation
UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
“This entitled land provides us with a pipeline of new sites to generate profitable sales and should result in improved operating results,” said Samuel A. Landy, president and CEO at UMH Properties. Continue Reading UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
US Rents Post First YOY Decline in Three Years
The major metro areas with the greatest year-over-year rent declines were Austin (-11%), Chicago (-9.2%), New Orleans (-3%), Birmingham (-2.9%) and Cincinnati (-2.9%). Continue Reading US Rents Post First YOY Decline in Three Years
New Record Set on Median Apartment Rents in Manhattan
Manhattan’s apartment vacancy rate inched up from 2.30% in February to 2.54% in March. Continue Reading New Record Set on Median Apartment Rents in Manhattan
Proper Rate Launches Same Day Mortgage
The service is being marketed to allow borrowers to compete against all-cash buyers. Continue Reading Proper Rate Launches Same Day Mortgage
Mortgage Rates Drop For Fifth Straight Week
Rates are at their lowest level in two months. Continue Reading Mortgage Rates Drop For Fifth Straight Week
Welcome Homes Expands Proptech Services to Georgia and North Carolina
The company is now operating in nine states. Continue Reading Welcome Homes Expands Proptech Services to Georgia and North Carolina
