U.S. Housing Market Updates
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Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
The portfolio was aggregated over the last 12 months and encompasses diverse neighborhoods including Nob Hill, Russian Hill, The Castro, Potrero Hill, Hayes Valley, and the Sunset and Richmond Districts. Continue Reading Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes
Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
The program will provide provides up to $18,000 in assistance for purchase, refinance, or improvement of a primary residence in qualified communities. Continue Reading Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement shortly after it was released. Continue Reading FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties
ATTOM Debuts Self-Service Data Platform
“With ATTOM Nexus, we’ve created a best-in-class experience,” said ATTOM’s Todd Teta. Continue Reading ATTOM Debuts Self-Service Data Platform
Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
“Many of these neighborhoods also offer newer homes than the surrounding areas,” said Chief Economist Danielle Hale. Continue Reading Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List
New Study Highlights the Most Pet-Friendly Cities
Scottsdale ranked first and Honolulu ranked last among the 100 cities analyzed by WalletHub. Continue Reading New Study Highlights the Most Pet-Friendly Cities
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
The English-born Kipling lived at an estate in Vermont from 1892 through 1896. Continue Reading Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?
Mississippi homeowners have the least to gain in this scenario. Continue Reading Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?
