U.S. Housing Market
Mortgage Application Activity Remains Flat as Credit Availability Increases
The FHA share of total applications increased to 18.4% from 17.8% the week prior. Continue Reading Mortgage Application Activity Remains Flat as Credit Availability Increases
A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
The Lamont plan involves giving Connecticut residents one-time tax rebates of either $200 or $400, depending on their filing status and income levels. Continue Reading A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
JPMorgan Chase Allocates $40 Million for Affordable Housing Development
“We know that housing is at the root of local economic growth and homeownership is key to building generational wealth,” said JPMorgan Chase’s Tim Berry. Continue Reading JPMorgan Chase Allocates $40 Million for Affordable Housing Development
Biden to Change Rent Increase Cap on Some Affordable Housing Units
Properties that receive Low-Income Housing Tax Credit funding will be capped at 10%. Continue Reading Biden to Change Rent Increase Cap on Some Affordable Housing Units
Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Redfin also reported more than one-third of purchases from February were all-cash transactions. Continue Reading Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Brooklyn’s Tallest Building Going to Public Foreclosure Auction
The 93-story residential Brooklyn Tower was completed last year by JDS Development. Continue Reading Brooklyn’s Tallest Building Going to Public Foreclosure Auction
Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
The house was added to the National Register of Historic Places on Jan. 3, 1978. Continue Reading Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
Mortgage Rates Drop Slightly
The 30-year fixed-rate mortgage averaged 6.79%, down from last week when it averaged 6.87%. Continue Reading Mortgage Rates Drop Slightly
DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
“The squatter scam ends today,” said the governor. Continue Reading DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
Pending Home Sales Up in February
NAR’s Pending Home Sales Index increased to 75.6 in February. Continue Reading Pending Home Sales Up in February
ATTOM: Home Affordability Remained Elusive During Q1
Major expenses on median-priced homes consumed 32.3% of the average national wage in the first quarter. Continue Reading ATTOM: Home Affordability Remained Elusive During Q1
The Best City to Move to in 2024 Is…
Omaha scored a perfect 100 out of 100 based on the point system. Continue Reading The Best City to Move to in 2024 Is…
