U.S. Housing Market
Rocket Companies and Compass Announce 3-Year Strategic Alliance
“When barriers are removed and supply grows, affordability improves,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies and Compass Announce 3-Year Strategic Alliance
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
This Final Rule is effective Feb. 23, 2026. Continue Reading FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Carrington Mortgage Services to Provide Section 184 Loans for Native Americans
Section 184 home mortgage loans are fully available in 24 states. Continue Reading Carrington Mortgage Services to Provide Section 184 Loans for Native Americans
Lennar Debuts Two Communities in Alabama
“Foley is a little piece of paradise,” said Lennar’s Joel Coleman. Continue Reading Lennar Debuts Two Communities in Alabama
Elle to Create Residential Tower in Miami
The 25-story property will include 180 residences that will be delivered turnkey. Continue Reading Elle to Create Residential Tower in Miami
MBA: Mortgage Credit Availability Up for Sixth Consecutive Month
“The jumbo index increased to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading MBA: Mortgage Credit Availability Up for Sixth Consecutive Month
Foreclosure Activity Down During First Half of the Year
Nationwide, 0.13% of all housing units (one in every 794) had a foreclosure filing in the first half of 2024. Continue Reading Foreclosure Activity Down During First Half of the Year
Redfin: Median Home Sale Price Hits Record High for Ninth Straight Week
The typical home is selling for 0.4% less than its asking price. Continue Reading Redfin: Median Home Sale Price Hits Record High for Ninth Straight Week
Home Sales Decline Across Mid-Atlantic Region
Although fewer homes were being sold, more properties were available for sale in June. Continue Reading Home Sales Decline Across Mid-Atlantic Region
Builders Ask Congress to Support Policies to Enable Affordable Housing Construction
Regulatory costs account for nearly 25% of the cost of a single-family home and more than 40% of the cost of a typical apartment development. Continue Reading Builders Ask Congress to Support Policies to Enable Affordable Housing Construction
5-Floor NYC Penthouse Sells for $135 Million
The 12,500-square-foot unit is one of 22 residences located above the Aman New York hotel in the historic Crown Building in Manhattan. Continue Reading 5-Floor NYC Penthouse Sells for $135 Million
New Pennsylvania Law Addresses Residential Wholesaling Abuses
Wholesalers typically seek distressed properties from an owner who wants to sell quickly and is unaware of the home’s market value. Continue Reading New Pennsylvania Law Addresses Residential Wholesaling Abuses
