U.S. Housing Market
Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
The pooling and securitization of loans for more than 128,000 American households, including over 49,000 first-time homebuyers. Continue Reading Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
Builder Confidence at 7-Month Low
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic uncertainty,” said NAHB Chairman Bill Owens Continue Reading Builder Confidence at 7-Month Low
Las Vegas Home Sales and Prices Down Amid Expanded Listings
The median price of existing single-family homes was $481,995, a 0.6% drop from one year ago. Continue Reading Las Vegas Home Sales and Prices Down Amid Expanded Listings
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
61% of respondents stated that home prices being too high was their biggest barrier to buying. Continue Reading Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
The sellers acquired the property in 2012 for $200,000 and spent $800,000 in renovations and updates to the residence, which was built in 1950. Continue Reading Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
Study: Abandoned Residential Properties Could be Worth Over $150 Billion
The so-called “zombie foreclosures” numbered over 7,000 as of the end of the fourth quarter of 2024. Continue Reading Study: Abandoned Residential Properties Could be Worth Over $150 Billion
Construction Begins on 42-Unit Boston Affordable Housing Community
Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Continue Reading Construction Begins on 42-Unit Boston Affordable Housing Community
Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Gov. Mike DeWine opposes this initiative. Continue Reading Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Mortgage Application Activity and Delinquencies Are Rising
The refinance share of mortgage activity decreased to 36.4% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity and Delinquencies Are Rising
Modular Housing Provider Boxabl Expands Into Colorado
The Las Vegas-headquartered Boxabl will begin the process to obtain modular certification in Colorado. Continue Reading Modular Housing Provider Boxabl Expands Into Colorado
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
The Cheapest Metro Area for Buying a Home Is…
The Rust Belt and the South dominate the top 10 list. Continue Reading The Cheapest Metro Area for Buying a Home Is…
Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Redfin and Zillow published rental housing data reports with little common ground. Continue Reading Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Report: Typical Home Sold in 2024 Was 36 Years Old
Only 9% of US homes were built in the 2010s. Continue Reading Report: Typical Home Sold in 2024 Was 36 Years Old
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