U.S. Housing Market
New Data Reports Find Cooling but Continued Home Price Gains
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Kentucky Home Sales Drop Amid Spike in New Listings
“Despite being in the middle of real estate’s slower season, now is still a great time to buy in Kentucky,” said Kentucky Realtors CEO Josh Summers. Continue Reading Kentucky Home Sales Drop Amid Spike in New Listings
DDB Capital to Create 52-Acre Residential Community in Alabama
The first home sales are anticipated in the fourth quarter of this year. Continue Reading DDB Capital to Create 52-Acre Residential Community in Alabama
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
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