U.S. Housing Market
Mortgage Application Activity Dips by 1%
The FHA share of total applications decreased to 16.2% from 17.1% the week prior. Continue Reading Mortgage Application Activity Dips by 1%
Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error
The deadline for property owners to file for an exemption on the new tax has been moved back to Oct. 6. Continue Reading Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error
Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Harry and Meghan came to California in 2020 after stepping down from their royal duties, purchasing a home in Montecito for $14.6 million. Continue Reading Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Home Purchase Cancellations at Highest Level in Nearly 3 Years
Redfin noted the deals were falling through at a higher rate than in 2020-2022, when the housing environment was in a hot seller’s market. Continue Reading Home Purchase Cancellations at Highest Level in Nearly 3 Years
Pennsylvania Home Sales Slowed in July
The median home price edged lower by 3% in July to $330,000, down from the all-time high of $340,000 in June. Continue Reading Pennsylvania Home Sales Slowed in July
Thomas Jefferson’s Boyhood Home Listed at $17 Million
The property, which is listed on the National Register of Historic Sites, has never been opened to the public, although private tours can be arranged. Continue Reading Thomas Jefferson’s Boyhood Home Listed at $17 Million
Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June
Year to date, Ginnie Mae facilitated the pooling and securitization of 339,562 first-time homebuyer loans. Continue Reading Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June
Alec Baldwin’s On-Again, Off-Again Listing of His Hamptons Estate is Off-Again
The home was featured on the TLC reality show starring Baldwin and his wife Hilaria. Continue Reading Alec Baldwin’s On-Again, Off-Again Listing of His Hamptons Estate is Off-Again
Mortgage Lender Rate Debuts New Division Offering Saunas and Cold Plunges
“Your health is your wealth,” said Victor Ciardelli, CEO of Rate Companies. Continue Reading Mortgage Lender Rate Debuts New Division Offering Saunas and Cold Plunges
Hits and Misses for the Real Estate Week of July 6-10
A university tries to kick an 89-year-old man out of his home, a new wave of young buyers arrives in the housing market, and long-overdue closure at the site of the 9/11 attacks. Continue Reading Hits and Misses for the Real Estate Week of July 6-10
Housing Groups Ask Pulte to Delay New Condo Financing Requirements
The housing groups also requested that the FHFA offer assurance that the new policy changes will improve building safety without reducing access to affordable homeownership. Continue Reading Housing Groups Ask Pulte to Delay New Condo Financing Requirements
Housing Bill to Become Law Without Trump’s Signature
In a Truth Social post this morning, Trump said he would allow the bill to pass without his signature. Continue Reading Housing Bill to Become Law Without Trump’s Signature
Toll Brothers Previews New Sacramento-Area Community
Homes will range from 2,543 to over 3,600 square feet and will be priced from the mid-$900,000s. Continue Reading Toll Brothers Previews New Sacramento-Area Community
Missouri Realtors Host Rally Against Two Ballot Amendments
The organization allocated $1 million to the political action committee opposing Amendment 4. Continue Reading Missouri Realtors Host Rally Against Two Ballot Amendments
400-Unit Senior Living Development Planned for Chattanooga Area
The development will be based on the 80-acre site of a now-defunct dairy farm. Continue Reading 400-Unit Senior Living Development Planned for Chattanooga Area
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