U.S. Housing Market
Wisconsin Home Sales Down 9.2% Year-Over-Year
Total listings were up 3.7% relative to their November 2024 levels. Continue Reading Wisconsin Home Sales Down 9.2% Year-Over-Year
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18. Continue Reading Mortgage Rates Down Slightly
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Toll Brothers Previews New Austin-Area Luxury Community
Homes are anticipated to be priced from $1 million. Continue Reading Toll Brothers Previews New Austin-Area Luxury Community
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
Pricing for current residential availability at 520 Fifth Ave. starts at $1.7 million. Continue Reading Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
National Multifamily Corp. Expands Into South Carolina
Company President Matt Cawley saw a strong opportunity to pursue new multifamily business in the state. Continue Reading National Multifamily Corp. Expands Into South Carolina
Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
“People keep telling me rents are falling, I keep saying they aren’t,” said financial commentator Mike “Mish” Shedlock. Continue Reading Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
Refinancing Outpaces Purchase Loans in Latest MBA Data
The Refinance Index enjoyed a 10% hike from the previous week and was 4% higher than the same week one year ago. Continue Reading Refinancing Outpaces Purchase Loans in Latest MBA Data
HUD Allocates $10 Million for Community Revitalization Grants
“These resources support the creation and preservation of housing,” said Acting HUD Secretary Adrianne Todman. Continue Reading HUD Allocates $10 Million for Community Revitalization Grants
The Most Overpriced Housing Market Is…
Atlanta’s homes are 41.72% overpriced compared to the long-term pricing trends. Continue Reading The Most Overpriced Housing Market Is…
Mortgage Credit Availability Up in March
MBA’s Joel Kan noted the credit supply “remains low at nearly 7% below a year ago.” Continue Reading Mortgage Credit Availability Up in March
HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility
“It is unacceptable to deny residents equal use and enjoyment of their homes because of their disability,” said HUD’s Demetria L. McCain. Continue Reading HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility
Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
The platform combines insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with deep learning and generative AI systems. Continue Reading Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
Welker Properties Launches Investor Vehicle for Off-Market Homes
Prophet Homes plans to expand across Texas and the Sunbelt states later in 2024. Continue Reading Welker Properties Launches Investor Vehicle for Off-Market Homes
