U.S. Housing Market
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
NAMB Releases White Paper on Solving Affordable Homeownership Challenges
NAMB seeks legislative change regarding Mortgage Loan Originator compensation reform and reauthorization of the National Flood Insurance Program. Continue Reading NAMB Releases White Paper on Solving Affordable Homeownership Challenges
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Pulte also resumed his online attacks on the Federal Reserve chairman with a post that said, “Jerome Powell should resign, immediately.” Continue Reading FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Travis Kelce Refutes Rumor of Buying Mansion for Homeless Youth Center
“Some false claims were thrown out there that I was doing something in the community that I was not,” said Kelce. Continue Reading Travis Kelce Refutes Rumor of Buying Mansion for Homeless Youth Center
Advisory Panel Recommends No Property Tax Increase for Maryland
State Treasurer Dereck Davis pointed to “difficult, trying times” for Maryland homeowners. Continue Reading Advisory Panel Recommends No Property Tax Increase for Maryland
Survey: 70% of Homeowners Think This is a Good Time to Sell Their Properties
81% of respondents think they will get their asking price or more. Continue Reading Survey: 70% of Homeowners Think This is a Good Time to Sell Their Properties
Hits and Misses for the Real Estate Week of April 7-11
Selling stocks to buy a house, the continued delay on confirming the new CFPB director, and layoffs at Fannie Mae. Continue Reading Hits and Misses for the Real Estate Week of April 7-11
Home Price Increases Slowed for the Third Consecutive Month
Prices have increased for 21 consecutive months, with price appreciation peaking at 5.6% in December. Continue Reading Home Price Increases Slowed for the Third Consecutive Month
New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Reps. Darin LaHood (R-IL), Suzan DelBene (D-WA) reintroduced the bill. Continue Reading New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Zillow Bans Private Listings from Platform
eXp Realty has become the first brokerage to align itself with Zillow’s new policy. Continue Reading Zillow Bans Private Listings from Platform
Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
“Falling mortgage rates could give the housing market a boost this spring,” said Dr. Lisa Sturtevant, chief economist at Bright MLS. Continue Reading Pending Home Sales in Mid-Atlantic Region Up by Nearly 40%
DR Horton Begins Pre-Selling New Community in Texas
The company added that pricing on the lots begin in the high $300,000s. Continue Reading DR Horton Begins Pre-Selling New Community in Texas
Foreclosure Activity Up During Q1
Lenders repossessed 9,691 properties through foreclosure (REO) in first quarter. Continue Reading Foreclosure Activity Up During Q1
