U.S. Housing Market
Mortgage Application Activity Drops by 10.5%
The FHA share of total applications increased to 19.7% from 19.4% the week prior. Continue Reading Mortgage Application Activity Drops by 10.5%
Illinois Home Prices Rise While Sales Decline
February’s median price of $295,000 was 3.9% more than the $284,000 price recorded one year before. Continue Reading Illinois Home Prices Rise While Sales Decline
America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk
No one can pinpoint the exact scale of the U.S. housing shortage, yet the consequences are already shaping affordability, mobility, and economic growth. Continue Reading America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
FCP has retained Greystar to manage the property. Continue Reading FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
The residence, which was custom-built in 2002 for Jones, features five bedrooms, 12 bathrooms, and five half-bathrooms. Continue Reading Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
Report: Renters Need to Earn $63,680 to Afford a Typical Apartment
Among the nation’s 44 major metros, the Texas capital of Austin was identified by Redfin as the most affordable. Continue Reading Report: Renters Need to Earn $63,680 to Afford a Typical Apartment
Mortgage Application Activity is Dull, Forbearance Levels Drop
“Almost 43% of borrowers in forbearance were there due to a natural disaster,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity is Dull, Forbearance Levels Drop
Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years
A major downside of the new arrivals is the absence of housing to accommodate an expanded population. Continue Reading Forecast: Utah’s Population to Grow by Half-Million Over Next 9 Years
Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud
Joe Law Jefferson pled guilty to one count of conspiracy to commit mail fraud and one count of failure to file a tax return last August. Continue Reading Nashville Man Sentenced to 4 Years for Covid-Era Rental Assistance Fraud
NAR Voices Support of Trump’s Executive Order on Housing Affordability and Supply
“The President’s Executive Order underscores the critical need for bold, coordinated action,” said NAR. Continue Reading NAR Voices Support of Trump’s Executive Order on Housing Affordability and Supply
New Data Finds Home Prices Still Rising While Rents Continue to Fall
Realtor.com reported rents declined for the 17th consecutive month during December. Continue Reading New Data Finds Home Prices Still Rising While Rents Continue to Fall
The Casita, Boxabl’s Factory-Built Modular Dwelling, Approved for Sale in Nevada
The Casita is a factory-built dwelling that covers a 361-square-foot layout. Continue Reading The Casita, Boxabl’s Factory-Built Modular Dwelling, Approved for Sale in Nevada
Report: 7% Increase in Down Payment Assistance Programs
Last year concluded with 196 programs offering incentives for specific groups. Continue Reading Report: 7% Increase in Down Payment Assistance Programs
Richmond American Homes Completes Purchase of Florida Property for New Community
The financial aspects of the site purchase were not disclosed. Continue Reading Richmond American Homes Completes Purchase of Florida Property for New Community
Building America’s Future: How Trump’s Housing Agenda Can Revitalize the American Dream
Publisher John G. Stevens forecasts what housing policy could become under the Trump administration. Continue Reading Building America’s Future: How Trump’s Housing Agenda Can Revitalize the American Dream
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