U.S. Housing Market
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Some Cook County Homeowners Could Receive $1,000 Grants for Property Tax Relief
Grants will be distributed on a lottery system with recipients receiving a one-time $1,000 payment. Continue Reading Some Cook County Homeowners Could Receive $1,000 Grants for Property Tax Relief
New Data Reports Point to Further Slowing in Home Price Acceleration
FHFA Director Bill Pulte offered no remarks on his agency’s latest data report. Continue Reading New Data Reports Point to Further Slowing in Home Price Acceleration
Pending Home Sales on the Rise During August
Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in the Northeast. Continue Reading Pending Home Sales on the Rise During August
Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
Cardone cited homebuyer costs to dilute the impact of the Biden plan. Continue Reading Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
Vision Mortgage Group Debuts Loan Program for First-Time Buyers
The program features a 1% down payment and 2% grant down payment assistance. Continue Reading Vision Mortgage Group Debuts Loan Program for First-Time Buyers
Compass Adds Tennessee Brokerage Parks Real Estate
Parks Real Estate employs over 1,500 agents and generated $6.25 billion in 2023 transaction. Continue Reading Compass Adds Tennessee Brokerage Parks Real Estate
Maryland Records First Year-Over-Year Spike in Monthly Home Sales in Nearly 3 Years
The average sales price last month rose 7.5% to $500,968 while the median sales price grew 5.1% to $415,000. Continue Reading Maryland Records First Year-Over-Year Spike in Monthly Home Sales in Nearly 3 Years
Rocket Mortgage Settles HUD Charges of Discrimination Against Native Americans
The settlement includes $65,000 compensation to the complainants. Continue Reading Rocket Mortgage Settles HUD Charges of Discrimination Against Native Americans
NY Fed: Americans Expect Home Prices to Keep Rising
The median inflation rate is expected to be 3.3% one year from now, up from 3% in last month’s report. Continue Reading NY Fed: Americans Expect Home Prices to Keep Rising
Mortgage Originations for Vacation Homes Down 40% in 2023
86% of second-home mortgages were issued last year to high-income buyers. Continue Reading Mortgage Originations for Vacation Homes Down 40% in 2023
FHLBank Cincinnati in New Endeavor Helping First-time Homebuyers
The program offers $25,000 grants to be used for down payment, closing costs or principal reduction assistance. Continue Reading FHLBank Cincinnati in New Endeavor Helping First-time Homebuyers
Zillow Debuts Tool to Assess Buyer Affordability Levels
Buyers can get started on the Home Loans tab on Zillow’s app. Continue Reading Zillow Debuts Tool to Assess Buyer Affordability Levels
Hits and Misses for the Real Estate Week of May 6-10
A hospital chain’s financial illness, an uncommonly generous charitable donation and Sweden ignoring Jerome Powell’s lead top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of May 6-10
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…
