U.S. Housing Market
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
The measure’s proponents are seeking to have it included on the November 2026 ballot. Continue Reading New Initiative Seeks to Eliminate Property Taxes in Oklahoma
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
One in every 3,987 housing units had a foreclosure filing last month. Continue Reading Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Insurance challenges have forced one-third (33.7%) of home searchers to change the geographic area where they are looking for a home Continue Reading Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Redfin: February’s New Listings Up 14.8% from Last Year
The new numbers echo a similar data report from Zillow. Continue Reading Redfin: February’s New Listings Up 14.8% from Last Year
Texas Attorney General Sues Real Estate Development for Fraudulent Practices
“Colony Ridge’s business model is predicated on churning land purchasers through a foreclosure mill,” said the lawsuit. Continue Reading Texas Attorney General Sues Real Estate Development for Fraudulent Practices
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. Continue Reading Mortgage Rates Drop Again
Zillow: New Listings Up 21%
Typical home values are up from last year in all but three major metros. Continue Reading Zillow: New Listings Up 21%
The Best Market for Buying Single-Family Rentals Is…
Median three-bedroom rents are rising faster than average wages in 197 of the 341 counties analyzed. Continue Reading The Best Market for Buying Single-Family Rentals Is…
New Click n’ Close Loan Program Aimed at Rural Markets
The new product is designed to aid homebuyers with down payment assistance, with availability in select markets. Continue Reading New Click n’ Close Loan Program Aimed at Rural Markets
Construction Technology Firm Icon Debuts Suite of Automated Products
“In the future, I believe nearly all construction will be done by robots,” said CEO Jason Ballard. Continue Reading Construction Technology Firm Icon Debuts Suite of Automated Products
Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management
“I’m an empty nester and the last thing I want to do now is maintain a big house with just my wife and me,” he said. Continue Reading Person of the Week: Lou Reynolds, Founder and CEO of Reynolds Asset Management
Georgia Homeowners Sought for Upcoming Home Design Television Series
The casting company asked, “Do you have an interesting family story or emotional connection to your house?” Continue Reading Georgia Homeowners Sought for Upcoming Home Design Television Series
Yardi: Average Asking Rents Up $1 in February
Markets in the Northeast and Midwest recorded rent increases while rent declines were seen “high-supply Sun Belt markets.” Continue Reading Yardi: Average Asking Rents Up $1 in February
