U.S. Housing Market
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
Massachusetts to Study Building Code Change to Enable More Housing Construction
The advisory group will include fire and public safety services professionals, building officials, architectural experts, and accessibility advocates. Continue Reading Massachusetts to Study Building Code Change to Enable More Housing Construction
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
New Hampshire Median Price for Single-Family Homes at Record High
The state recorded a median cost of single-family homes at $520,000, up 6.5% year-over-year. Continue Reading New Hampshire Median Price for Single-Family Homes at Record High
Hits and Misses for the Real Estate Week of Oct. 14-18
This week’s Hits and Misses features dinosaurs selling homes, climate change’s impact on football stadiums and the real estate developer friend from hell. Continue Reading Hits and Misses for the Real Estate Week of Oct. 14-18
Sun Title Debuts Program to Promote Hispanic Homeownership
The new program provides a suite of services, including bilingual support, educational workshops and a free AI resource in Spanish. Continue Reading Sun Title Debuts Program to Promote Hispanic Homeownership
California Home Sales at Lowest Level for the Year
September’s statewide median home price in California, was $868,150, down 2.3% from August. Continue Reading California Home Sales at Lowest Level for the Year
Single-Family Housing Starts Up in September
Single-family housing completions in September were at a rate of 1 million, down 2.7% from the revised August rate of 1.02 million. Continue Reading Single-Family Housing Starts Up in September
Christopher Todd Capital Acquires First Texas BTR Community
The company purchased The Cottage Green in Conroe, a recently completed 314-home community spanning 40 acres. Continue Reading Christopher Todd Capital Acquires First Texas BTR Community
Mortgage Rates Continue to Rise
The 30-year fixed-rate mortgage averaged 6.44% as of Oct. 17. Continue Reading Mortgage Rates Continue to Rise
Builder Sentiment Inches Up for Second Straight Month
“Builders are feeling more optimistic about 2025 market conditions,” said NAHB Chairman Carl Harris, Continue Reading Builder Sentiment Inches Up for Second Straight Month
Q3 Home Seller Profit Margins Down Slightly
Homeowners who sold in the third quarter had owned their homes an average of 8.09 years. Continue Reading Q3 Home Seller Profit Margins Down Slightly
Report: The City with the Most Mortgage Delinquency Is…
Honolulu ranked as the city with the lowest level of mortgage delinquencies. Continue Reading Report: The City with the Most Mortgage Delinquency Is…
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