U.S. Housing Market
Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
The agency said the pooling and securitization of loans in April benefited more than 160,000 households, including over 58,000 first-time homebuyers. Continue Reading Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
Hits and Misses for the Real Estate Week of May 11-15
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. Continue Reading Hits and Misses for the Real Estate Week of May 11-15
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
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
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
The state paid $7.2 million over the past few years to buy three residential buildings. Continue Reading Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
The Liberty has 55 townhomes and 187 apartments that range from 568 square feet to 1,536 square feet. Continue Reading 242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
New Home Sales Up 7.4%
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
CRMLS Rejects NAR’s Delayed Marketing Policy
“It’s time to stop unnecessarily changing up the rules and to let agents and brokers get back to work,” said CRMLS. Continue Reading CRMLS Rejects NAR’s Delayed Marketing Policy
Mortgage Application Activity Stumbles by 12.7%
The seasonally adjusted Purchase Index decreased 7% from one week earlier. Continue Reading Mortgage Application Activity Stumbles by 12.7%
California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Assemblymember Lisa Calderon is a former government affairs executive at Southern California Edison. Continue Reading California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
More Down Payment Assistance Programs Introduced During Q1
A total of 990 programs (39%) were offered through local housing finance agencies. Continue Reading More Down Payment Assistance Programs Introduced During Q1
HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping
“With the last few years, everything going on, I really got super hyper-focused,” El Moussa said. Continue Reading HGTV’s Tarek El Moussa Says He Earns $675,000 a Month from House Flipping
