U.S. Housing Market
Mortgage Application Payments Decreased in February
“Unfortunately, this month’s turmoil in the Middle East has put upward pressure on mortgage rates, which in turn could impact overall affordability in the months ahead,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Decreased in February
238-Unit Mixed-Income Apartment Building Opens in New Haven
The five-story building as 57 units, or 20% of the residences, set aside for households earning an average of 50% of the area median income. Continue Reading 238-Unit Mixed-Income Apartment Building Opens in New Haven
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
REMAX: December Home Sales Up 14.9%
“For buyers, easing rates and more options created opportunities that didn’t exist a year ago,” said REMAX CEO Erik Carlson. Continue Reading REMAX: December Home Sales Up 14.9%
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
The Best and Worst Cities for Renters Are…
Memphis ranked last among the more than 180 cities ranked by WalletHub. Continue Reading The Best and Worst Cities for Renters Are…
Survey: Most Gen Zers Believe They’ll Never Own a Home
Nearly all respondents (98%) cited significant barriers to homeownership. Continue Reading Survey: Most Gen Zers Believe They’ll Never Own a Home
Inventory Levels Up 36.7% from Last Year
Nonetheless, inventory levels were still far below pre-pandemic levels except in a few southern metros. Continue Reading Inventory Levels Up 36.7% from Last Year
New Report Links Housing to Good Health in Maine
Nearly 2,700 people are considered homeless in Maine. Continue Reading New Report Links Housing to Good Health in Maine
A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?
The Trump re-election website has a page called “Issues” which fails to include housing among the topics impacting Americans. Continue Reading A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?
1 in 4 New Hampshire Homes Listed for at Least $1 Million
More than 110 localities had at least one seven-figure single-family home for sale last month. Continue Reading 1 in 4 New Hampshire Homes Listed for at Least $1 Million
Fannie Mae: Housing Sentiment Level Rises
“Affordability concerns remain the primary driver of consumer housing sentiment,” said Deputy Chief Economist Mark Palim. Continue Reading Fannie Mae: Housing Sentiment Level Rises
Hits and Misses for the Real Estate Week of July 1-5
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. Continue Reading Hits and Misses for the Real Estate Week of July 1-5
Rent Control Measure Added to California’s November Ballot
The California Apartment Association has emerged as the leading opponent to this endeavor. Continue Reading Rent Control Measure Added to California’s November Ballot
Mortgage Rates Rise to Just Below 7%
The 30-year fixed-rate mortgage averaged 6.95% as of July 3. Continue Reading Mortgage Rates Rise to Just Below 7%
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