U.S. Housing Market
HUD Revises Environmental Review Requirements for Multifamily Developments
“This is about fixing policies that have made housing expensive and difficult to build,” said HUD Secretary Scott Turner. Continue Reading HUD Revises Environmental Review Requirements for Multifamily Developments
California Housing Affordability at Highest Level in 4 Years
A minimum annual income of $204,800 was required to make the monthly payment of $5,120 on a 30-year fixed-rate mortgage at 6.24% in California. Continue Reading California Housing Affordability at Highest Level in 4 Years
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
The Market with the Highest Potential SFR Returns Is…
The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. Continue Reading The Market with the Highest Potential SFR Returns Is…
New Hampshire Home Sales Up Despite Decline in New Listings
For New Hampshire’s condo/townhome sector, there were 220 closed sales, down 4.3% from one year ago Continue Reading New Hampshire Home Sales Up Despite Decline in New Listings
Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate
The New York City metro area has the highest total value of homes at major risk of flood and extreme wind Continue Reading Zillow: Climate Risks Threaten Trillions of Dollars in Real Estate
Report: Typical Homeowner Stays in Residence for 11.8 Years
The median homeownership tenure is shortest in Louisville, Kentucky (8 years). Continue Reading Report: Typical Homeowner Stays in Residence for 11.8 Years
Evergreen Home Loans Expands into New Mexico
The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Continue Reading Evergreen Home Loans Expands into New Mexico
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
The Green and Resilient Retrofit Program was passed by Congress in 2022. Continue Reading Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
Foreclosure Activity Up During February
Lenders started the foreclosure process on 22,730 residential properties in February. Continue Reading Foreclosure Activity Up During February
Mortgage Credit Availability at Highest Level in a Year
“Mortgage credit availability in February increased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at Highest Level in a Year
Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions
“This blank check to unelected billionaire Elon Musk fails to lower the cost of housing,” said DeLauro. Continue Reading Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 10-14- Seattle Bans Rental Housing Junk Fees
- American Real Estate Association Hires John Blount as Chief Lobbyist
- Better Pushes Back at Attempt by Ex-CEO Vishal Garg to Regain Control of th…
- REMAX and Golfweek Partner on Real Estate and Lifestyles Destination
