U.S. Housing Market
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
Who Wants to Buy a Haunted House? You Might Be Surprised!
Two-thirds of survey respondents believe it is the government’s job to require sales disclosures that house is haunted. Continue Reading Who Wants to Buy a Haunted House? You Might Be Surprised!
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Guest Opinion: What’s Next for the Federal Home Loan Banks?
“Forthcoming actions and public engagement in 2024 include clarifying the FHLBank System mission,” said FHFA Director Thompson. Continue Reading Guest Opinion: What’s Next for the Federal Home Loan Banks?
Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
The trade groups repeatedly praised the Biden administration in the letter. Continue Reading Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
Realeflow Debuts AI-based Lead Generation Platform
The new product uses predictive analytics through AI and machine learning to identify which homeowners are most likely to list and sell. Continue Reading Realeflow Debuts AI-based Lead Generation Platform
Case-Shiller: Home Prices Spike in February
San Diego continued to report the highest year-over-year gain among the 20 cities with an 11.4% increase in February. Continue Reading Case-Shiller: Home Prices Spike in February
Fannie Mae Updates Equitable Housing Finance Plan
The 2024 Plan includes two new actions. Continue Reading Fannie Mae Updates Equitable Housing Finance Plan
Median Rent Prices Down for Eighth Consecutive Month
Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August 2022. Continue Reading Median Rent Prices Down for Eighth Consecutive Month
Bryan Cranston Lists NYC Apartment for $3.5 Million
“Sometimes you just have to recognize when it’s time to move on,” said Cranston about the listing. Continue Reading Bryan Cranston Lists NYC Apartment for $3.5 Million
First American: Overvalued Housing Market Squashes Affordable Homeownership
“Of the top 50 markets tracked, 22 markets were overvalued in March,” said Chief Economist Mark Fleming. Continue Reading First American: Overvalued Housing Market Squashes Affordable Homeownership
Cher’s One-Time Beverly Hills Home Listed for $4.1 Million
Ed O’Neill lived at the residence before Cher purchased it in 2011. Continue Reading Cher’s One-Time Beverly Hills Home Listed for $4.1 Million
Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million
The communities are located off Interstate 205 and within 10 minutes of Portland, Oregon. Continue Reading Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million
