U.S. Housing Market
NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
The dates and locations for the hearings have yet to be scheduled. Continue Reading NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Sections of Brooklyn, Queens, and Staten Island turned into “no-go zones” for multifamily affordable housing. Continue Reading Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales
The number of newly listed homes was up 5.3% from April and was 15.1% compared to May 2023. Continue Reading RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales
San Jose to Allow Homeowners to Sell ADUs
San Jose’s ADU sales will begin on July 18. Continue Reading San Jose to Allow Homeowners to Sell ADUs
MBA: Mortgage Applications for New Home Purchases Up 13.8% in May
The average loan size for new homes decreased from $405,490 in April to $400,150 in May. Continue Reading MBA: Mortgage Applications for New Home Purchases Up 13.8% in May
Chris Pratt Slashes Price on Pacific Palisades Estate
Pratt’s residence was featured on the Netflix series “Get Organized with the Home Edit.” Continue Reading Chris Pratt Slashes Price on Pacific Palisades Estate
Lennar Opens New Townhome Community in Miami
Pricing starts in the $400,000s. Continue Reading Lennar Opens New Townhome Community in Miami
Mortgage Rates Continue to Slip
The 30-year fixed-rate mortgage averaged 6.95% as of June 13. Continue Reading Mortgage Rates Continue to Slip
The Most At-Risk Housing Markets Are…
22 of the 50 markets considered least likely to decline were based in Virginia, Wisconsin and Tennessee. Continue Reading The Most At-Risk Housing Markets Are…
More Homes Are Being Listed, But Where Are the Buyers?
Zillow is reporting new listings of houses rose by nearly 13% from one year ago. Continue Reading More Homes Are Being Listed, But Where Are the Buyers?
Mortgage Application Activity Catches an Upswing
The Refinance Index spiked by 28% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Catches an Upswing
Foreclosure Filings Record 3% Monthly Uptick in May
New Jersey led the states with one in every 1,939 housing units with a foreclosure filing. Continue Reading Foreclosure Filings Record 3% Monthly Uptick in May
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