U.S. Housing Market
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Pending Home Sales Up for Third Straight Month
All four major regions experienced month-over-month gains in transactions. Continue Reading Pending Home Sales Up for Third Straight Month
Mortgage Application Activity Rises by 6.3%
The refinance share of mortgage activity decreased to 38.8% of total applications from 41% the previous week. Continue Reading Mortgage Application Activity Rises by 6.3%
New Home Sales Plummet 17.3% in October
Housing economist Dr. Anthony B. Sanders called the data the “last gasp of the Biden/Harris reign of (economic) error!” Continue Reading New Home Sales Plummet 17.3% in October
Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii
Kauhale O Namahana will construct 11 single-family units for low and middle-income households. Continue Reading Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii
Case-Shiller: Home Prices Up 3.9% in September
New York City again reported the highest annual gain among the 20 cities with a 7.5% increase in September. Continue Reading Case-Shiller: Home Prices Up 3.9% in September
GSEs Publish Underserved Markets Plans for Next 4 Years
The Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) has published plans to extend housing access in rural underserved markets, enhance their support for...
A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
Editor Phil Hall questions the rewriting of recent history by the US president and Canadian prime minister. Continue Reading A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
To date, only four people have signed up to participate in the boycott. Continue Reading DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
Zillow Forecasts Homebuying Upswing for 2025
Zillow is predicting 4.3 million in existing home sales during the coming year. Continue Reading Zillow Forecasts Homebuying Upswing for 2025
$15.85 Million Home Sale Breaks Record for North Carolina
The transaction supersedes North Carolina’s previous record-breaking sale price for a $14 million transaction that closed in October. Continue Reading $15.85 Million Home Sale Breaks Record for North Carolina















