U.S. Housing Market
Finance of America Reverse Debuts HomeSafe Second Line of Credit
The product is now available in California, with a further rollout planned in the coming weeks. Continue Reading Finance of America Reverse Debuts HomeSafe Second Line of Credit
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Half of US Households Experienced Home Insurance Rate Increases
Among the states, Florida carries the highest home insurance average at $7,136. Continue Reading Half of US Households Experienced Home Insurance Rate Increases
Ben Affleck Buys $20.5M Mansion Without Jennifer Lopez
As for Jennifer Lopez, TMZ reported she’s looking for her own house to buy in New York City. Continue Reading Ben Affleck Buys $20.5M Mansion Without Jennifer Lopez
New Mexico Mortgage Finance Authority Rebrands as Housing New Mexico
New Mexico’s homeownership rate is 70.9%. Continue Reading New Mexico Mortgage Finance Authority Rebrands as Housing New Mexico
Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb
The properties are close to major highways I-275, I-75 and I-4. Continue Reading Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb
Hits and Misses for the Real Estate Week of July 22-26
This week’s Hits and Misses includes a problematic affordable housing plan, a historic theater’s surprise honor and a real estate professional becomes Miss Florida USA 2024. Continue Reading Hits and Misses for the Real Estate Week of July 22-26
Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings
June’s home sales were down 10.5% year-over-year. Continue Reading Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings
MBA: Homebuyer Affordability Conditions Improve
The national median mortgage payment for conventional loan applicants in June was $2,180. Continue Reading MBA: Homebuyer Affordability Conditions Improve
Tech Trends: Tapping Deeper Into Data
This week, our Tech Trends spotlight considers a slate of new digital offerings designed to improve access to real estate data. Continue Reading Tech Trends: Tapping Deeper Into Data
Delaware Home Sales and Prices Down in June
New listings were up last month by 5.17% to 1,587, compared to the 1,509 listings from June 2023. Continue Reading Delaware Home Sales and Prices Down in June
The New Normal: Million-Dollar Starter Homes
The typical luxury home sold for a record $1.18 million in the second quarter. Continue Reading The New Normal: Million-Dollar Starter Homes
Q2 Home Sellers’ Profit Margins Remained Stagnant
The profit margin’s lack of movement occurred despite the median home price reaching a record high of $365,000. Continue Reading Q2 Home Sellers’ Profit Margins Remained Stagnant
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