U.S. Housing Market
Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Mortgage Credit Availability Declined in December
“The December decrease reversed gains from the prior two months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Declined in December
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
FHA Updates 203(k) Program for Home Repair Financing
“The changes we are announcing today for the 203(k) program are long overdue,” said FHA Commissioner Julia Gordon. Continue Reading FHA Updates 203(k) Program for Home Repair Financing
The Best and Worst Cities for Renters Are…
Memphis ranked last among the more than 180 cities ranked by WalletHub. Continue Reading The Best and Worst Cities for Renters Are…
Survey: Most Gen Zers Believe They’ll Never Own a Home
Nearly all respondents (98%) cited significant barriers to homeownership. Continue Reading Survey: Most Gen Zers Believe They’ll Never Own a Home
Inventory Levels Up 36.7% from Last Year
Nonetheless, inventory levels were still far below pre-pandemic levels except in a few southern metros. Continue Reading Inventory Levels Up 36.7% from Last Year
New Report Links Housing to Good Health in Maine
Nearly 2,700 people are considered homeless in Maine. Continue Reading New Report Links Housing to Good Health in Maine
A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?
The Trump re-election website has a page called “Issues” which fails to include housing among the topics impacting Americans. Continue Reading A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?
1 in 4 New Hampshire Homes Listed for at Least $1 Million
More than 110 localities had at least one seven-figure single-family home for sale last month. Continue Reading 1 in 4 New Hampshire Homes Listed for at Least $1 Million
Fannie Mae: Housing Sentiment Level Rises
“Affordability concerns remain the primary driver of consumer housing sentiment,” said Deputy Chief Economist Mark Palim. Continue Reading Fannie Mae: Housing Sentiment Level Rises
Hits and Misses for the Real Estate Week of July 1-5
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. Continue Reading Hits and Misses for the Real Estate Week of July 1-5
Rent Control Measure Added to California’s November Ballot
The California Apartment Association has emerged as the leading opponent to this endeavor. Continue Reading Rent Control Measure Added to California’s November Ballot
