U.S. Housing Market
Housing Groups Ask Pulte to Delay New Condo Financing Requirements
The housing groups also requested that the FHFA offer assurance that the new policy changes will improve building safety without reducing access to affordable homeownership. Continue Reading Housing Groups Ask Pulte to Delay New Condo Financing Requirements
Housing Bill to Become Law Without Trump’s Signature
In a Truth Social post this morning, Trump said he would allow the bill to pass without his signature. Continue Reading Housing Bill to Become Law Without Trump’s Signature
Existing Home Sales Up 3.2% in May
The median sales price in May for all housing types was $429,300, a 1.3% increase from one year ago. Continue Reading Existing Home Sales Up 3.2% in May
Mortgage Credit Availability Improved Slightly in May
“Mortgage rates reached nine-month highs over the month, which put pressure on homebuyers and reduced the demand for refinancing,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved Slightly in May
Baltimore City Council Advances Property Tax Relief Bill
The measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Continue Reading Baltimore City Council Advances Property Tax Relief Bill
William Holden’s Palm Springs Estate Listed for $11 Million
The property, which was listed as a historic site by the City of Palm Springs in 2018, last sold in 2017 for $3.4 million. Continue Reading William Holden’s Palm Springs Estate Listed for $11 Million
Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
The rebates would be administered by the Florida Department of Financial Services. Continue Reading Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
UWM and Bilt Partner on Rewards Program for Mortgage Payments
“This platform helps brokers win new, high-intent, leads from Bilt’s ecosystem,” said UWM’s Mat Ishbia. Continue Reading UWM and Bilt Partner on Rewards Program for Mortgage Payments
China and Singapore Lead the World in Online Searches for Miami-Area Real Estate
Part of this renewed interest from Asia could be tied to the Gold Card initiative signed by President Trump last month. Continue Reading China and Singapore Lead the World in Online Searches for Miami-Area Real Estate
Experian Offers Free VantageScore 4.0 to Mortgage Lenders
“Experian is dedicated to fostering a more competitive mortgage landscape,” said CEO Brian Cassin. Continue Reading Experian Offers Free VantageScore 4.0 to Mortgage Lenders
Zillow and Esusu Team on Credit Reporting for Renters Initiative
Starting in November, renters can sign up for rent reporting directly through Zillow to start having their payments reported each month. Continue Reading Zillow and Esusu Team on Credit Reporting for Renters Initiative
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
FlexIQ will replace PHH’s previously offered Gold/Silver/Bronze non-QM programs. Continue Reading PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
The estate provides 570 feet of shoreline along Geist Reservoir with a three-slip boat deck. Continue Reading Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
“All Californians deserve an affordable place to live — close to jobs, schools, and opportunity,” said Newsom in a statement. Continue Reading Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Corcoran acquired the property in 2015 for $10 million and spent $2 million over the years to renovate it. Continue Reading Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
