U.S. Housing Market
Mortgage Application Activity Declines Amid Slowdown in Refinancing
The FHA share of total applications decreased to 17.2% from 17.9% the week prior. Continue Reading Mortgage Application Activity Declines Amid Slowdown in Refinancing
289-Unit Multifamily Property in Tucson Sold for $45.5 Million
Constructed in two phases in 1985 and 1990, the 12.5-acre garden-style property offers one, two- and three-bedroom floor plans. Continue Reading 289-Unit Multifamily Property in Tucson Sold for $45.5 Million
Elite International Realty Launches Invite-Only Luxury Division
Signature Collection listings will be exclusive to luxury clients and will feature distinct branding and tailored marketing strategies. Continue Reading Elite International Realty Launches Invite-Only Luxury Division
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
Treasury Secretary Bessent Buys DC Mansion for $12.5 Million
he four-story, 8,000-square-foot residence was built around 1941. Continue Reading Treasury Secretary Bessent Buys DC Mansion for $12.5 Million
Hits and Misses for the Real Estate Week of Jan. 27-31
The unclear future for the CFPB, a Vermont housing shortage and a halt to San Diego housing vouchers. Continue Reading Hits and Misses for the Real Estate Week of Jan. 27-31
Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices
Roughly 10% of Utah’s construction workers are believed to be illegal immigrants. Continue Reading Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices
Level of Newly Listed Homes Up 37.5% Month-Over-Month
The greatest increases in active listings year-over-year were Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%). Continue Reading Level of Newly Listed Homes Up 37.5% Month-Over-Month
NAR Debuts Fifth Season of ‘First-Time Buyer’ Series
The new season offers unscripted stories following homebuyers in New York and Connecticut. Continue Reading NAR Debuts Fifth Season of ‘First-Time Buyer’ Series
Mortgage Rates Stay Just Under 7%
The 30-year fixed-rate mortgage averaged 6.95% as of Jan. 30. Continue Reading Mortgage Rates Stay Just Under 7%
Pending Home Sales Plummeted in December
This follows four straight months of sales gains. Continue Reading Pending Home Sales Plummeted in December
Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
Alloy said it was the first developer to pursue such a program following a Local Law 97 rule issuance by the New York City Department of Buildings. Continue Reading Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
Home Equity Level Held Steady in Q4
Rhode Island recorded the greatest year-over-year increase during the quarter. Continue Reading Home Equity Level Held Steady in Q4
Downtown Seattle Median Rent Up for First Time in 17 Months
Seattle’s median rent seesawed over the past five years, climbing to nearly $2,500 before the 2020 pandemic and falling to $1,399 in February 2021. Continue Reading Downtown Seattle Median Rent Up for First Time in 17 Months
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