U.S. Housing Market
Lower Launches Program to Help First-Time Homebuyers Save for a Down Payment
ONE by Lower is available to eligible first-time and repeat homebuyers. Continue Reading Lower Launches Program to Help First-Time Homebuyers Save for a Down Payment
Mortgage Application Activity Ended July with a Whimper
The FHA share of total applications increased to 17.3% from 16.9% the week prior. Continue Reading Mortgage Application Activity Ended July with a Whimper
National Park Service Issues RFPs for Leasing 3 Historic Cape Cod Properties
“Each property will require significant initial improvement,” said the service in its announcement. Continue Reading National Park Service Issues RFPs for Leasing 3 Historic Cape Cod Properties
Idaho Credit Unions Roll Out Program to Assist First-Time Homebuyers
The credit unions will originate 100% financed mortgages for eligible first-time homebuyers. Continue Reading Idaho Credit Unions Roll Out Program to Assist First-Time Homebuyers
Kelley Blue Book Homes Begins Nationwide Rollout
The new consumer platform is now available in 11 states. Continue Reading Kelley Blue Book Homes Begins Nationwide Rollout
Mortgage Rates Rise to One-Year High
The 30-year fixed-rate mortgage averaged 6.66% as of July 30. Continue Reading Mortgage Rates Rise to One-Year High
Median Asking Rent for Los Angeles County at 5-Year Low
The median asking rent is 9.6% below its 2022 peak, representing a monthly savings of $276 for the typical renter compared with peak pricing. Continue Reading Median Asking Rent for Los Angeles County at 5-Year Low
Work Halted on Another NYC Office-to-Residential Conversion Project
SL Green has scheduled its project to be completed in 2029. Continue Reading Work Halted on Another NYC Office-to-Residential Conversion Project
Ground Broken on Affordable Senior Housing Development in Salt Lake City
Construction is expected to be completed by the end of 2027. Continue Reading Ground Broken on Affordable Senior Housing Development in Salt Lake City
Fewer Foreign Buyers Acquiring US Existing Homes
The top five US markets based on the percentage of all foreign buyers were Florida (20%), California (19%), Texas (12%), New Jersey (4%), and Georgia (4%). Continue Reading Fewer Foreign Buyers Acquiring US Existing Homes
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Florida’s Fraternal Order of Police Opposes Property Tax Amendment
“Public safety should never become collateral damage with uncertain fiscal consequences,” said the organization. Continue Reading Florida’s Fraternal Order of Police Opposes Property Tax Amendment
NYC Median Asking Rent Hits New Record High
Rent increases occurred across the city’s five boroughs. Continue Reading NYC Median Asking Rent Hits New Record High
New Data Reports Point to Mild Home Price Acceleration
Chicago, New York City and Cleveland reported the highest year-over-year gains. Continue Reading New Data Reports Point to Mild Home Price Acceleration
Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent
While declines were recorded in 45 of the largest US metro areas, Canada-based searches increased in five markets. Continue Reading Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent
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