U.S. Housing Market
Buyers Paying More in Mortgage Interest Than Their Home Costs
Choosing a 15-year mortgage at today’s 5.87% rate would save $250,378 over a 30-year loan. Continue Reading Buyers Paying More in Mortgage Interest Than Their Home Costs
ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
“ResiScore builds on our strategy to deliver AI-powered property intelligence through our data foundation and enterprise data licensing,” said Rob Barber, CEO of ATTOM. Continue Reading ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
Mortgage Rates Decline for Second Straight Week
“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week
Q1 Foreclosure Filings Up 26% From Last Year
One in every 1,211 housing units had a foreclosure filing during the first quarter. Continue Reading Q1 Foreclosure Filings Up 26% From Last Year
Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
Seven of March’s 10 most expensive home sales were in coastal Florida. Continue Reading Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
FHLB Cincinnati Debuts Hundred Homes Initiative
Eligible homebuyers must own and reside in a mobile home constructed prior to June 15, 1976. Continue Reading FHLB Cincinnati Debuts Hundred Homes Initiative
Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Generation Z accounted for 3% of all buyers. Continue Reading Report: Baby Boomers Are the Largest Generational Share of Homebuyers
San Diego Apartment Property Acquired for $45 Million
The property was built in 1976 and still in its original condition. Continue Reading San Diego Apartment Property Acquired for $45 Million
Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
The property spans 4,201 square feet and is constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand. Continue Reading Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents
Pawnee City received 115 applications between March 14-27, when its offer was made available. Continue Reading Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents
Bank of America Reports 80% Surge in Q1 Mortgage Applications
“We’re seeing a steady increase in home buying activity, and it’s beyond what we would normally see from a seasonality perspective,” said Matt Vernon, head of consumer lending. Continue Reading Bank of America Reports 80% Surge in Q1 Mortgage Applications
Hits and Misses for the Real Estate Week of March 24-28
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. Continue Reading Hits and Misses for the Real Estate Week of March 24-28
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Continue Reading Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
Andy Warhol’s Former Manhattan Townhouse Listed for Nearly $7 Million
Warhol lived at the property from 1960 to 1972. Continue Reading Andy Warhol’s Former Manhattan Townhouse Listed for Nearly $7 Million
Mixed Results in Latest Mortgage Rate Data
The 30-year fixed-rate mortgage averaged 6.65% as of March 13 Continue Reading Mixed Results in Latest Mortgage Rate Data
