U.S. Housing Market
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
“Climate risk is a reality today, not tomorrow,” said Matthew Eby, founder and CEO of First Street. Continue Reading Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
Mortgage Application Activity Drops by Nearly 13%
The Refinance Index plummeted by 21% from the previous week. Continue Reading Mortgage Application Activity Drops by Nearly 13%
Broker Demands $23K Commission from Elderly Widow After Broken Leg Results in Canceled Home Sale
Jackeline Estrada and her buyers amicably agreed to cancel the sale. Continue Reading Broker Demands $23K Commission from Elderly Widow After Broken Leg Results in Canceled Home Sale
A Phil Hall Op-Ed: The Illegal Immigrant Impact on Housing
The U.S. government is not addressing impact of a massive influx of illegal immigrants on the housing market. Continue Reading A Phil Hall Op-Ed: The Illegal Immigrant Impact on Housing
40% of New Mortgages Went to Buyers Under 35
Redfin determined the median age of first-time U.S. homebuyers last year was 35. Continue Reading 40% of New Mortgages Went to Buyers Under 35
New Record High for Pennsylvania’s Median Home Sales Price
Last month, Pennsylvania’s home sales were up by 11% from the previous month. Continue Reading New Record High for Pennsylvania’s Median Home Sales Price
MBA’s CEO Blasts Biden for Tying ‘Regulatory Knots’ Around Housing Professionals
“Such confusion poses a serious threat to a smoothly functioning and sustainable market,” he said. Continue Reading MBA’s CEO Blasts Biden for Tying ‘Regulatory Knots’ Around Housing Professionals
The Best City for Veterans to Live Is…
Tampa topped the new ranking compiled by Veterans United Home Loans. Continue Reading The Best City for Veterans to Live Is…
Derek Jeter Cuts the Price Again on His Hudson Valley Estate
The estate is back on the market for $6.3 million. Continue Reading Derek Jeter Cuts the Price Again on His Hudson Valley Estate
Kendrick Lamar Drops $40 Million for Los Angeles Estate
The seller acquired the property in 2019 for $19.5 million. Continue Reading Kendrick Lamar Drops $40 Million for Los Angeles Estate
Hits and Misses for the Real Estate Week of May 13-17
Questioning Biden’s homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. Continue Reading Hits and Misses for the Real Estate Week of May 13-17
California Median Home Prices Soar Past $900K Level to New Record High
Sales in the $1 million-and-higher market segment surged 39.8% year-over-year in April. Continue Reading California Median Home Prices Soar Past $900K Level to New Record High
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10- NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
- First-Time Homebuyers Accounted for 21% of the Texas Housing Market
- Mid-Atlantic Region Records Spike in Listings
- Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
