U.S. Housing Market
Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
Construction will begin immediately, with substantial completion anticipated in September 2027. Continue Reading Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Hits and Misses for the Real Estate Week of Nov. 11-15
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Nov. 11-15
Redfin CEO to Trump: We Need More Homes Now!
Kelman credited Trump’s return to the White House to younger Americans who were unhappy with the current housing market. Continue Reading Redfin CEO to Trump: We Need More Homes Now!
RE/MAX: Home Sales Jumped in October
October’s median sale price of $430,000 marked a mild 0.3% uptick from September. Continue Reading RE/MAX: Home Sales Jumped in October
myCUmortgage in New Partnerships with Six Credit Unions
The combined partnerships represent 139,349 credit union members and $2.52 billion in assets. Continue Reading myCUmortgage in New Partnerships with Six Credit Unions
NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords
The Real Estate Board of New York came out against the bill. Continue Reading NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords
Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
The “Aquaman” star stepped forward to state his name and image were hijacked. Continue Reading Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
Mortgage Application Activity in Mild Uptick
The seasonally adjusted Purchase Index increased 2% from one week earlier, but the unadjusted index decreased 2%. Continue Reading Mortgage Application Activity in Mild Uptick
Expanded Listings Helps Fuel Indiana Home Sales
The state’s median sale price fell from $260,000 in September to $258,000 in October. Continue Reading Expanded Listings Helps Fuel Indiana Home Sales
JD Power: Customer Satisfaction with Mortgage Lenders is Down
Overall customer satisfaction with mortgage lenders was rated at a 727 level on a 1,000-point scale. Continue Reading JD Power: Customer Satisfaction with Mortgage Lenders is Down
Foreclosure Activity Up in October
Nevada led the states in foreclosures, where one in every 2,741 housing units with a filing. Continue Reading Foreclosure Activity Up in October
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