U.S. Housing Market
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR Community
Southern Impression Homes is a subsidiary of Japan’s Sumitomo Forestry, which acquired an 80% interest in the company in 2023. Continue Reading Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR Community
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
The county’s budget includes pay raises from 1% to 3.5% for 5,000 public employees. Continue Reading North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
Listings Go Live at Brooklyn’s Tallest Residential Tower
The Brooklyn Tower features 143 luxury condominiums available for immediate occupancy. Continue Reading Listings Go Live at Brooklyn’s Tallest Residential Tower
Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Austin and San Antonio attracted new levels of attention in the first quarter. Continue Reading Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Platform Ventures Launches Multifamily Development Unit
The company “believes multifamily housing offers a blend of stability, income generation, and long-term growth potential.” Continue Reading Platform Ventures Launches Multifamily Development Unit
Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Progressive is also introducing The UpPayment program, a down payment assistance program that will provide a $13,500 grant towards the purchase of a home to up to 100 qualified applicants. Continue Reading Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Recent Posts
Hits and Misses for the Real Estate Week of June 29-July 3- Two Harbors Stockholders Approve Merger with CrossCountry Mortgage
- Toronto Home Sales Surge Amid Decline in New Listings
- Historic Pittsburgh Site of National Negro Opera Company Receives $1.75 Mil…
- Jenni Bonura Named Chief Growth Officer at First Multiple Listing Service
