U.S. Housing Market Updates
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Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business
Housing Inventory Expands, But Delistings Are Also on the Rise
Delistings are growing faster than active inventory at 31.5%. Continue Reading Housing Inventory Expands, But Delistings Are Also on the Rise
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
FHLB Cincinnati Debuts Hundred Homes Initiative
Eligible homebuyers must own and reside in a mobile home constructed prior to June 15, 1976. Continue Reading FHLB Cincinnati Debuts Hundred Homes Initiative
Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Generation Z accounted for 3% of all buyers. Continue Reading Report: Baby Boomers Are the Largest Generational Share of Homebuyers
San Diego Apartment Property Acquired for $45 Million
The property was built in 1976 and still in its original condition. Continue Reading San Diego Apartment Property Acquired for $45 Million
$339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022
The states with the highest effective property tax rates in 2022 were New Jersey (1.79%), Illinois (1.78%), Connecticut (1.57%), Vermont (1.43%) and Nebraska (1.36%). Continue Reading $339.8 Billion Collected in U.S. Single-Family Home Property Taxes in 2022
FHFA Updates GSEs’ Equitable Housing Finance Plans
“Bringing more equity into the housing finance system is a step in the right direction,” said FHFA Director Sandra L. Thompson. Continue Reading FHFA Updates GSEs’ Equitable Housing Finance Plans
Will Continued Financial Stress on Americans Drive Down Home Sales?
A study published in February by PYMNTS determined that 62% of American adults are living a paycheck-to-paycheck existence. Continue Reading Will Continued Financial Stress on Americans Drive Down Home Sales?
Mortgage Applications Down 4.1%
“Spring has arrived, but the housing market is missing the customary burst in listings and purchase activity that typically mark the season,” said MBA Chief Economist Mike Fratantoni. Continue Reading Mortgage Applications Down 4.1%
Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership
Realtor.com also found that LGBTQ+ and BIPOC buyers are 1.7 times more likely to have been denied mortgages two or more times. Continue Reading Study: LGBTQ and BIPOC Buyers Face Greatest Obstacles to Homeownership
Person of the Week: Mark Calabria on Running the FHFA During the Pandemic
“I don’t think there are enough books about problems actually averted – hence the title,” said Calabria. Continue Reading Person of the Week: Mark Calabria on Running the FHFA During the Pandemic
Rocket Cos. Encourages Home Buyer Savings with BUY+ Program
Rocket Homes also announced the SELL+ initiative, Continue Reading Rocket Cos. Encourages Home Buyer Savings with BUY+ Program
Can a Pizza Oven Boost a Home’s Sales Price?
But some amenities may have the opposite effect on sales. Continue Reading Can a Pizza Oven Boost a Home’s Sales Price?
Home Price Growth Lowest In 4 Years
Seven states and the District of Columbia recorded price declines in February. Continue Reading Home Price Growth Lowest In 4 Years
Moon Mortgage Unveils Crypto Real Estate and Lending Products
The crypto mortgage product is currently available in Florida, Texas and Colorado. Continue Reading Moon Mortgage Unveils Crypto Real Estate and Lending Products
