U.S. Housing Market
Wisconsin Home Sales Decline as Median Price Surges by 6.8%
Wisconsin housing affordability fell 2.4% over the last 12 months. Continue Reading Wisconsin Home Sales Decline as Median Price Surges by 6.8%
Mortgage Rates Trend Lower
The 30-year fixed-rate mortgage averaged 6.47% as of June 18, down from last week when it averaged 6.52%. Continue Reading Mortgage Rates Trend Lower
Joint Venture to Convert DC Office Property into Multifamily Community
The financial terms of the project were not disclosed. Continue Reading Joint Venture to Convert DC Office Property into Multifamily Community
New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers
The most expensive housing markets generally performed the worst in this study. Continue Reading New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers
National Median Asking Rent Down for 34th Straight Month
Las Vegas led the nation as the metro with the greatest level of renter loyalty. Continue Reading National Median Asking Rent Down for 34th Straight Month
Hits and Misses for the Real Estate Week of May 4-8
New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. Continue Reading Hits and Misses for the Real Estate Week of May 4-8
Report: Nearly Half of LA Wildfire Survivors Face New Peril as Temporary Housing Funds Expire
Currently, about two in three fire survivors are still displaced. Continue Reading Report: Nearly Half of LA Wildfire Survivors Face New Peril as Temporary Housing Funds Expire
VendorAbuse.com Debuts Florida HOA Watchlist
The watchlist is publicly accessible and includes a comprehensive guide to homeowner rights under HB 1203. Continue Reading VendorAbuse.com Debuts Florida HOA Watchlist
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
New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
“The near-term rent growth outlook was maintained after modest first-quarter rent trends fell in line with expectations,” said Grant Montgomery, national director of multifamily analytics at CoStar Group. Continue Reading New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
Mortgage Rates Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. Continue Reading Mortgage Rates Up for Second Straight Week
Home Equity Rates Declined in Q1
ATTOM defined equity rich as the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value. Continue Reading Home Equity Rates Declined in Q1
Urban Construction Accounted for 11% of New Q1 Listings
Seven metros had a majority of their new construction listings in urban ZIP Codes in the first quarter. Continue Reading Urban Construction Accounted for 11% of New Q1 Listings
Ownify Debuts Home Fund in Colorado
The Ownify Home Fund Colorado will allow qualified first-time buyers to buy their homes through a shared equity partnership rather than with mortgage debt. Continue Reading Ownify Debuts Home Fund in Colorado
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