U.S. Housing Market
House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Q3 Home Seller Profit Margins Down Slightly
Homeowners who sold in the third quarter had owned their homes an average of 8.09 years. Continue Reading Q3 Home Seller Profit Margins Down Slightly
Report: The City with the Most Mortgage Delinquency Is…
Honolulu ranked as the city with the lowest level of mortgage delinquencies. Continue Reading Report: The City with the Most Mortgage Delinquency Is…
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
“You have home prices the highest we’ve seen in two decades,” said Priscilla Almodovar. Continue Reading Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
Can a T-Rex Family Help Spark Interest in a New Hampshire Home?
The listing promises a kitchen that is a “T-Rexcellent space for any chef.” Continue Reading Can a T-Rex Family Help Spark Interest in a New Hampshire Home?
Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania
Phius ZERO is an industry-setting standard for net zero energy design. Continue Reading Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania
Mortage Application Activity and Credit Availability in Decline
The Mortgage Credit Availability Index (MCAI) dropped by 0.5% to 98.5 in September. Continue Reading Mortage Application Activity and Credit Availability in Decline
RE/MAX: Housing Inventory Up for 7th Straight Month
September home sales were down by 13.3% from August. Continue Reading RE/MAX: Housing Inventory Up for 7th Straight Month
Trump Pledges to ‘Get Rid of a Lot’ of Regulations Driving Up Home Construction Costs
“First of all, it’s too expensive to build the homes,” he said. Continue Reading Trump Pledges to ‘Get Rid of a Lot’ of Regulations Driving Up Home Construction Costs
Donald Trump’s One-Time Connecticut Home Sells for $31.5 Million
The former president purchased the home for $4 million in 1984. Continue Reading Donald Trump’s One-Time Connecticut Home Sells for $31.5 Million
New 67-Unit Community Being Developed in Fort Worth
Thrive on Crawford marks The NRP Group’s fourth “Health and Housing” development. Continue Reading New 67-Unit Community Being Developed in Fort Worth
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