U.S. Housing Market
There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
U.S. home prices rose 2.1% nationally, but some states gained more than 8% while others declined. The national housing headline is telling only part of the story. Continue Reading There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Non-QM lending is giving more borrowers a path to financing. That can be good for housing, but qualifying for a mortgage and being able to afford the home are two different things. Continue Reading More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Foreclosure Starts Increased 10% Year-Over-Year
Nevada led the nation with one foreclosure filing for every 1,703 housing units. Continue Reading Foreclosure Starts Increased 10% Year-Over-Year
Homebuyer Affordability Improved Slightly in July
he national median mortgage payment for conventional loan applicants was $2,184. Continue Reading Homebuyer Affordability Improved Slightly in July
2 Connecticut Office Buildings to be Converted into Multifamily Housing
Last January, the other four buildings within the Merritt 7 office park were sold for $58.5 million. Continue Reading 2 Connecticut Office Buildings to be Converted into Multifamily Housing
544-Unit Multifamily Community in Marina del Rey Sells for $170 Million
Completed in 2013, Shores spans 12 interconnected five-story buildings. Continue Reading 544-Unit Multifamily Community in Marina del Rey Sells for $170 Million
Frank Lloyd Wright’s Only Tennessee Home Sells for $4 Million
The ranch-level residence has three bedrooms and 2.5 bathrooms. Continue Reading Frank Lloyd Wright’s Only Tennessee Home Sells for $4 Million
Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax
A hearing on the matter is scheduled for Aug. 31. Continue Reading Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax
FHFA’s Pulte: Homebuilders Could Face ‘Appropriate Action’ for Not Creating Starter Homes
Last fall, President Trump directed Pulte to work with the nation’s homebuilders on the expansion of supply. Continue Reading FHFA’s Pulte: Homebuilders Could Face ‘Appropriate Action’ for Not Creating Starter Homes
Mortgage Holder Equity at Record-High $18 Trillion
Approximately 813,000 borrowers are underwater — up 44% year-over-year. Continue Reading Mortgage Holder Equity at Record-High $18 Trillion
The Housing Market with the Hottest ZIP Code Is…
For the fourth consecutive year, the Northeast and Midwest dominated the rankings. Continue Reading The Housing Market with the Hottest ZIP Code Is…
Hits and Misses for the Real Estate Week of Aug. 3-7
A new wave of knockabout from Bill Pulte and Zohran Mamdani (yes, them again), the boss from hell leaves his corner office, and a bright group of college students dive into real estate investing. Continue Reading Hits and Misses for the Real Estate Week of Aug. 3-7
NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
The plaintiffs claimed the city’s Department of Finance failed to enact due diligence in identifying the owners of luxury pieds-à-terre Continue Reading NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
Historic Maine Home Available for $1, Albeit with a Catch
The relocation needs to occur by Nov. 20, 2027. Continue Reading Historic Maine Home Available for $1, Albeit with a Catch
Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plans
The senator claimed the Compass-MRED endeavor “increases risks of civil rights violations” as defined by the Fair Housing Act. Continue Reading Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plans
