U.S. Housing Market
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Hits and Misses for the Real Estate Week of Sept. 8-12
Trump administration officials acting strangely, a bill to protect Ohio seniors from foreclosure, and a nation experiencing its fifth blackout in a year. Continue Reading Hits and Misses for the Real Estate Week of Sept. 8-12
MBA Chief Argues Against Fannie-Freddie Merger
“Competition between Fannie Mae and Freddie Mac has been central to their success in providing liquidity and stability to the mortgage market,” Broeksmit explained. Continue Reading MBA Chief Argues Against Fannie-Freddie Merger
5-Unit, 125-Year-Old Connecticut Multifamily Property Sells for $1.7 Million
National Multifamily Corp. President Matt Cawley represented the seller, BPC Capital Management LLC, and procured the buyer, BBB Investors LLC. Continue Reading 5-Unit, 125-Year-Old Connecticut Multifamily Property Sells for $1.7 Million
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
“I’m calling on realtors to follow through on lowering commissions to protect homebuyers,” said Biden. Continue Reading NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
Chicago Voters Reject ‘Mansion Tax’ Referendum
The referendum was spurned by a 54% to 46% ratio. Continue Reading Chicago Voters Reject ‘Mansion Tax’ Referendum
RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
“Coming Soon listings represent the most recent and sought-after listings in the real estate industry,” said Tom Rossiter, CEO of RESAAS. Continue Reading RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
Agents Prepare for Worst in Wake of NAR Settlement Offer
Weekly Real Estate News polls our readers to find out what their thoughts were in regard to NAR’s settlement offer. Continue Reading Agents Prepare for Worst in Wake of NAR Settlement Offer
NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
Adele Andaloro was arrested for unlawful eviction when she changed the locks on her property. Continue Reading NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
California Home Sales Up 12.8%
Unsold inventory statewide in February was down 6.3% on a month-over-month basis. Continue Reading California Home Sales Up 12.8%
Poland Leads the World for Miami Property Searches
Most out-of-state searches originated in Georgia. Continue Reading Poland Leads the World for Miami Property Searches
Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
“There are constraints today, but I think should be a bit more optimistic about the next 12 to 24 months,” said Glasgow. Continue Reading Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
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