U.S. Housing Market
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Fewer Listings, Fewer Home Sales in New York State
The median price of homes went up 9.6% in January to $400,000 from the $365,000 median price in January 2023. Continue Reading Fewer Listings, Fewer Home Sales in New York State
Mortgage Rates Creep Up to the 7% Level
The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, up from last week when it averaged 6.77%. Continue Reading Mortgage Rates Creep Up to the 7% Level
Scientists Group Calls on Feds to Establish a National Housing Loss Rate
The proposal calls for a housing-focused federal agency to take the lead on this project. Continue Reading Scientists Group Calls on Feds to Establish a National Housing Loss Rate
Mill Creek Residential Begins Preleasing on Dallas Mixed-Use Apartment Community
The seven-story community features 204 apartments and 4,000 square feet of ground-floor retail space. Continue Reading Mill Creek Residential Begins Preleasing on Dallas Mixed-Use Apartment Community
Existing Home Sales Up in January
“The median home price reached an all-time high for the month of January,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Up in January
Median Rents Down for Sixth Straight Month
Asking rents for one-bedroom units increased by a scant 0.1% year-over-year to $1,591 in January. Continue Reading Median Rents Down for Sixth Straight Month
CVS Health Provides $35 Million for Affordable Housing Projects in Hawaii
“These investments and collaborations echo our longstanding commitment to supporting and uplifting the people of Hawaii,” said CVS’ Scott Sutton. Continue Reading CVS Health Provides $35 Million for Affordable Housing Projects in Hawaii
FHA Launches New Loan Modification Option
Mortgage servicers may begin implementing Payment Supplement on May 1. Continue Reading FHA Launches New Loan Modification Option
The House Where Jeff Bezos Created Amazon Sells for $2.29 Million
Bezos was reportedly renting the home for $890 a month in 1994 when he used his garage as the office of Amazon. Continue Reading The House Where Jeff Bezos Created Amazon Sells for $2.29 Million
HUD Allocates $115 Million in Grants to Rental Housing for Low-Income Seniors
FHA Commissioner Julia Gordon said the funds “offer a solution to address the persistent housing needs of seniors across the nation.” Continue Reading HUD Allocates $115 Million in Grants to Rental Housing for Low-Income Seniors
