U.S. Housing Market
Median Sold Price in Mid-Atlantic Region Hits Record High
“While inventory is increasing, there are some markets where supply is still not keeping pace with demand,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Median Sold Price in Mid-Atlantic Region Hits Record High
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022. Continue Reading Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
Home Equity Rates Declined in Q1
ATTOM defined equity rich as the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value. Continue Reading Home Equity Rates Declined in Q1
Urban Construction Accounted for 11% of New Q1 Listings
Seven metros had a majority of their new construction listings in urban ZIP Codes in the first quarter. Continue Reading Urban Construction Accounted for 11% of New Q1 Listings
Ownify Debuts Home Fund in Colorado
The Ownify Home Fund Colorado will allow qualified first-time buyers to buy their homes through a shared equity partnership rather than with mortgage debt. Continue Reading Ownify Debuts Home Fund in Colorado
A Phil Hall Op-Ed: Charlie Kirk and the Housing Market
The slain conservative activist expressed repeated concerns on the evaporation of affordable homeownership opportunities. Continue Reading A Phil Hall Op-Ed: Charlie Kirk and the Housing Market
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
One in every 3,987 housing units had a foreclosure filing last month. Continue Reading Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Insurance challenges have forced one-third (33.7%) of home searchers to change the geographic area where they are looking for a home Continue Reading Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
“We have heard from our constituents, calling with real fear of being taxed out of their homes,” said Adam Mathews. Continue Reading Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
Bright MLS: Mid-Atlantic Home Sales Down in August
There were 6,000 sales in August across the Philadelphia metro area, a 1.7% drop from last August. Continue Reading Bright MLS: Mid-Atlantic Home Sales Down in August
TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
The report found more than half of renters (57%) are more likely to rent from a property manager who reports payments. Continue Reading TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
The overwhelming majority (89%) of boomers believe buying a home is almost always a good decision. Continue Reading Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
Fairway Home Mortgage in New Partnership with OpenAI
To oversee the partnership, Fairway will promote Caleb Ondrusek to executive vice president of technology and innovation. Continue Reading Fairway Home Mortgage in New Partnership with OpenAI
Housing Market Hit Record $55.1 Trillion
Seven states saw their housing markets lose value over the past year, with the biggest drops in Florida (-$109 billion), California (-$106 billion) and Texas (-$32 billion). Continue Reading Housing Market Hit Record $55.1 Trillion
