U.S. Housing Market
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
The survey found 38% of first-time homebuyers felt pressured to make a homebuying decision quickly. Continue Reading Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
The state paid $7.2 million over the past few years to buy three residential buildings. Continue Reading Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
The Liberty has 55 townhomes and 187 apartments that range from 568 square feet to 1,536 square feet. Continue Reading 242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
New Home Sales Up 7.4%
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
CRMLS Rejects NAR’s Delayed Marketing Policy
“It’s time to stop unnecessarily changing up the rules and to let agents and brokers get back to work,” said CRMLS. Continue Reading CRMLS Rejects NAR’s Delayed Marketing Policy
Mortgage Application Activity Stumbles by 12.7%
The seasonally adjusted Purchase Index decreased 7% from one week earlier. Continue Reading Mortgage Application Activity Stumbles by 12.7%
California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Assemblymember Lisa Calderon is a former government affairs executive at Southern California Edison. Continue Reading California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
More Down Payment Assistance Programs Introduced During Q1
A total of 990 programs (39%) were offered through local housing finance agencies. Continue Reading More Down Payment Assistance Programs Introduced During Q1
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