U.S. Housing Market
30-Year Fixed-Rate Mortgage Sinks to 6.01%
A year ago at this time, it averaged 6.85%. Continue Reading 30-Year Fixed-Rate Mortgage Sinks to 6.01%
Pending Home Sales Dipped in January
Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South. Continue Reading Pending Home Sales Dipped in January
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Mortgage Application Activity Declines Again
The Refinance Index decreased 14% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines Again
Maine Home Sales Up 17.5%
“For the third consecutive month, the number of sales, year-over-year, has increased,” said Paul McKee, 2024 president of the realtors group. Continue Reading Maine Home Sales Up 17.5%
Guest Opinion: How a National Energy Code Will Impact Home Affordability
Energy building code requirements are making it harder to construct new housing that is attainable and affordable for American families. Continue Reading Guest Opinion: How a National Energy Code Will Impact Home Affordability
Case-Shiller: Home Prices at Another Record High
S&P Dow Jones Indices’ Brian D. Luke pointed to “records repeatedly break in both stock and housing markets over the past year.” Continue Reading Case-Shiller: Home Prices at Another Record High
Wisconsin Home Sales Up 25.7% in April
April’s median price of $300,000 was up 6.4% from the previous year. Continue Reading Wisconsin Home Sales Up 25.7% in April
‘Home Alone’ House Listed for $5.25 Million
The property last changed hands in 2012 for $1.58 million. Continue Reading ‘Home Alone’ House Listed for $5.25 Million
Hits and Misses for the Real Estate Week of May 20-24
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. Continue Reading Hits and Misses for the Real Estate Week of May 20-24
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
California’s San Jose-Sunnyvale-Santa Clara market was the most severely cost-burdened market during the first quarter. Continue Reading NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
New Listings in Virginia Up by Nearly 20%
Virginia’s housing market recorded its fifth straight month of expanded active listings. Continue Reading New Listings in Virginia Up by Nearly 20%
Expanded New Listings Drive Up Delaware Home Sales
Also rising were median listing prices – $411,600, up by 5.55%. Continue Reading Expanded New Listings Drive Up Delaware Home Sales
