U.S. Housing Market
Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million
The property is owned by former NFL star quarterback Chris Simms and his wife Danielle, who acquired it in 2019 for $2.5 million. Continue Reading Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million
Mortgage Rates Take a Mild Drop
The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged 6.11%. Continue Reading Mortgage Rates Take a Mild Drop
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
CMG Financial Acquires Norcom Mortgage’s Retail Assets
CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG's...
Redfin: Monthly Housing Payments Set New Record
“Housing costs are likely to continue going up for the near future,” said Redfin Economic Research Lead Chen Zhao. Continue Reading Redfin: Monthly Housing Payments Set New Record
Guest Opinion: The New York Fed Chief’s View of the Economy
We’re not seeing the types of risks in housing finance that we saw during the housing boom before the 2007-2008 financial crisis. Continue Reading Guest Opinion: The New York Fed Chief’s View of the Economy
Foreclosure Activity Inches Up During Q1
ATTOM also reported that 32,878 properties had foreclosure filings in March. Continue Reading Foreclosure Activity Inches Up During Q1
Indiana Home Sales Up 21%
Indiana’s median home sale price rose to $250,000, 6% higher than one year earlier. Continue Reading Indiana Home Sales Up 21%
Grupo T&C Launches Edge House Miami
Pricing starts in the $400,000s. Continue Reading Grupo T&C Launches Edge House Miami
Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Welch acquired the property in 2009 for $2.5 million and lived there until her death in February 2023. Continue Reading Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale
After San Francisco, Detroit had the highest share of homes selling at a loss (10.8%) during the three months ending Feb. 29. Continue Reading Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
Pricing for current residential availability at 520 Fifth Ave. starts at $1.7 million. Continue Reading Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
National Multifamily Corp. Expands Into South Carolina
Company President Matt Cawley saw a strong opportunity to pursue new multifamily business in the state. Continue Reading National Multifamily Corp. Expands Into South Carolina
