U.S. Housing Market
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
reAlpha Mortgage Launches Loan Officer Recruitment Program
“This program was built around what experienced originators consistently ask for: clarity, support, and fewer operational obstacles,” said CEO Jamie Cavanaugh. Continue Reading reAlpha Mortgage Launches Loan Officer Recruitment Program
Kansas Home Sales Declined During November
The median sale price in November was $277,000, up by 4.5% from the $265,000 price recorded in the prior year. Continue Reading Kansas Home Sales Declined During November
Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Chris Delfs, board president of the Northwest Iowa Board of Realtors, welcomed the new state law. Continue Reading Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Profit Margins Down for Q1 Home Sales
This is down from 57.1% in the previous quarter and from 56.5% one year earlier. Continue Reading Profit Margins Down for Q1 Home Sales
Redfin: Median Home Sale Price at New Record High
Redfin noted the new record price comes at a time when new listings are up 10.2% year-over-year. Continue Reading Redfin: Median Home Sale Price at New Record High
Pending Home Sales Up in March
Pending home sales in March were up by 3.4% from February and up by 0.1% from one year earlier, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) increased to 78.2 in March; an index of 100 is...
Frank Sinatra’s Former NYC Home Listed at $4.45 Million
The legendary entertainer owned the property from 1963 through 1969. Continue Reading Frank Sinatra’s Former NYC Home Listed at $4.45 Million
Q1 Texas Home Sales Were Flat Despite Spike in Active Listings
The first quarter statewide median price of $330,950 was 1.6% higher than in the same period during 2023. Continue Reading Q1 Texas Home Sales Were Flat Despite Spike in Active Listings
CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
“Homeowners cannot just simply switch providers if their mortgage servicer charges them illegal junk fees,” said CFPB Director Rohit Chopra. Continue Reading CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
CVS Health Invests $19.2 Million for Colorado Affordable Housing Project
The project is currently under construction with a scheduled completion in the summer of 2025. Continue Reading CVS Health Invests $19.2 Million for Colorado Affordable Housing Project
Mortgage Demand Down 2.7%
The Refinance Index decreased 6% from the previous week and was 3% higher than the same week one year ago. Continue Reading Mortgage Demand Down 2.7%
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
“Rising home prices are a double-edged sword,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
Four Seasons to Open First Branded Residences in Florida
The new 20-story development will offer 70 residences ranging from two- to four-bedrooms. Continue Reading Four Seasons to Open First Branded Residences in Florida
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