U.S. Housing Market
HUD Secretary Turner: 50-Year Mortgage Plan Needs More Research
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
Washington Lt. Gov. Proposes Turning Vacant Strip Malls and Big Box Stores into Housing
“If done correctly, it’s a win, win, win, win, win,” said Lt. Gov. Denny Heck. Continue Reading Washington Lt. Gov. Proposes Turning Vacant Strip Malls and Big Box Stores into Housing
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
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
UWM Debuts 0% Down Purchase Program
UWM’s Mat Ishbia said the program “is going to change the game this purchase season.” Continue Reading UWM Debuts 0% Down Purchase Program
Lennar Unveils Townhome Community in Florida’s Pembroke Park
Pricing for the new community starts in the low $500,000s. Continue Reading Lennar Unveils Townhome Community in Florida’s Pembroke Park
Mortgage Rates Down Slightly, Though Still Elevated
The 30-year fixed-rate mortgage averaged 7.02%, down from last week when it averaged 7.09%. Continue Reading Mortgage Rates Down Slightly, Though Still Elevated
RE/MAX: Spike in New Listings Drive Up April Home Sales
The median sale price increased 2.9% over March to $437,000, which is the highest price in over two years. Continue Reading RE/MAX: Spike in New Listings Drive Up April Home Sales
Single-Family Housing Starts Down Slightly in April
Single‐family housing completions were 15.4% above the revised March rate. Continue Reading Single-Family Housing Starts Down Slightly in April
Connecticut Childhood Home of William F. Buckley Jr. Listed for First Time in a Century
The residence dates to 1812 and was acquired by lawyer and oil speculator William F. Buckley Sr. in 1923. Continue Reading Connecticut Childhood Home of William F. Buckley Jr. Listed for First Time in a Century
Real Estate Investors Snagged 19% of Q1 Home Sales
The typical home bought by investors in the first quarter cost $464,560. Continue Reading Real Estate Investors Snagged 19% of Q1 Home Sales
Builder Confidence Down for First Time in Six Months
Elevated mortgage rates fueled the pessimism among builders. Continue Reading Builder Confidence Down for First Time in Six Months
