U.S. Housing Market Updates
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Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
The Whitford of Dublin will host a groundbreaking ceremony on April 8. Continue Reading Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
The new initiative is a projected 5% increase over Habitat’s most recent baseline production of 3,482 housing units. Continue Reading Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
Mortgage Rates Continue to Drop
The 30-year fixed-rate mortgage averaged 6.63% as of March 6. Continue Reading Mortgage Rates Continue to Drop
Tech, housing, and manufacturing might already be in a recession. They could bring the US economy down with it.
Source: Business Insider --- No, the US economy isn't in a recession yet. But some of its key industries might be, suggesting the desired "soft landing" is far from a sure thing. Bloomberg economist Anna Wong, for instance, recently put the chances of a US recession...
Seattle Housing Market Forecast
Source: US News --- For decades, Seattle has been synonymous with some of the brands that call it home – Starbucks, Amazon, Microsoft (headquartered in nearby Redmond, Washington) are just a few. Seattle is even home to national real estate brokerage Redfin and real...
Las Vegas housing market: Everything you need to know
Source: Bankrate --- Despite a recent cooldown, the Las Vegas housing market remains fairly competitive as out-of-towners continue to relocate to this famous desert city. Whether you’re a current resident or hope to be one soon, it’s helpful to understand the local...
Eco-Friendly Companies Partner to Develop Zero-Energy Real Estate Communities Across Boston Metro
EcoSmart Solution, a green energy service provider (Green ESP) designing and delivering innovative geothermal infrastructure for zero energy capable communities, announced a long term partnership with RISE, a minority-owned development and construction management firm...
‘We saved probably close to $100K’: Affluent Americans are snatching up prime real estate in other parts of the world — as the US housing market slumps. Here’s how to do it too
Source: Yahoo! Life --- Laetitia Laurent knows the value of looking far and wide for a good deal. The Florida-based business owner and her husband had been hunting for a second home for five years before snagging an incredible bargain — in Paris. She made an offer in...
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Source: The New York Times --- Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to Brooklyn to be closer to her family. After a year of renting, Ms. Wade, a...
Will the Tech Downturn Be the Death of SF Real Estate?
Source: The San Francisco Standard --- With mounting layoffs, sky-high interest rates and empty office buildings, the woes of San Francisco’s struggling tech-driven economy make headlines every day. Yet, as the city’s population shows signs of a comeback, what is the...
CFPB Loses Key IMB Redlining Case
Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
Think the housing market is bad? It’s even worse for affordable housing builders
Source: Deseret News --- The U.S. housing market is in the midst of a painful contraction after 2022 brought a volatile end to about two boiling hot years. It’s tough news — especially for homebuilders — as demand dries up and prices flatline or even begin to drop....
New $45 Million Affordable Housing Development Breaks Ground in Midtown Houston
Feb. 3, 2023 (Staff Writer) -- The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, announced today that it has begun construction of a new $45 million affordable housing development that will create 149 affordable rental apartments for...















