U.S. Housing Market
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
Florida Home Sales Up While Prices Decline
The statewide median sales price for single-family existing homes in November was $410,000, down by a mild 0.2% compared to one year before. Continue Reading Florida Home Sales Up While Prices Decline
New York State Launches Housing Accelerator Fund
The initial cohort of Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes. Continue Reading New York State Launches Housing Accelerator Fund
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
Rising Interest Rates Blamed for Multifamily Developer Confidence Declines in Q2
NAHB Chief Economist Robert Dietz opined that “financial markets may become more stable later in the year.” Continue Reading Rising Interest Rates Blamed for Multifamily Developer Confidence Declines in Q2
Mortgage Credit Availability at 9-Month High
MBA’s Joel Kan attributed the rise to “increased conventional loan offerings such as ARMs and cash-out refinance loans.” Continue Reading Mortgage Credit Availability at 9-Month High
Toll Brothers Opens Luxury Apartment Community in Dallas Suburb
The new community features 357 studio, one-, and two-bedroom apartments. Continue Reading Toll Brothers Opens Luxury Apartment Community in Dallas Suburb
Mortgage Rates Plunge to Lowest Level in Over a Year
The 30-year fixed-rate mortgage averaged 6.47% as of Aug. 8. Continue Reading Mortgage Rates Plunge to Lowest Level in Over a Year
Report: Total US Home Value at $49.6 Trillion Record High
Cape Coral, Florida, was the only major metro with a year-over-year decline in total home value. Continue Reading Report: Total US Home Value at $49.6 Trillion Record High
Fannie Mae: Only 17% Believe Now is a Good Time for Homebuying
The percentage of respondents who said home prices will go up in the next 12 months decreased from 45% to 41%. Continue Reading Fannie Mae: Only 17% Believe Now is a Good Time for Homebuying
Home Sales and Prices Rise in Las Vegas
During July, Las Vegas Realtors found that 25.1% of all local property sales were cash transactions. Continue Reading Home Sales and Prices Rise in Las Vegas
Mortgage Application Activity Up by 7%
The adjustable-rate mortgage share of activity increased to 6.3% of total applications. Continue Reading Mortgage Application Activity Up by 7%
NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Early delinquency transition rates for mortgages increased by 0.1 percentage point. Continue Reading NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Report: Denver Needs More than 500,000 Housing Units by 2050
The report also highlighted the need for new housing to be in proximity to public transportation. Continue Reading Report: Denver Needs More than 500,000 Housing Units by 2050
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