U.S. Housing Market
Mortgage Application Activity Takes a 0.6% Uptick
Among the federal programs, the FHA share of total applications increased to 19.4% from 18.5% the week prior. Continue Reading Mortgage Application Activity Takes a 0.6% Uptick
The Best Day for Buying a House Is…
Buyers who close on Christmas Eve enjoyed the lowest premium above the automated valuation model. Continue Reading The Best Day for Buying a House Is…
Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
“When people truly understand the process, they will succeed,” said Beeston. Continue Reading Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
A Phil Hall Op-Ed: HUD’s Self-Congratulatory Accolades
Editor Phil Hall considers a HUD press release highlighting the “unprecedented homeownership achievements” of Secretary Marcia L. Fudge. Continue Reading A Phil Hall Op-Ed: HUD’s Self-Congratulatory Accolades
The Bainbridge Companies Opens First Developed Community in Texas
“Bainbridge Creekside marks our first official build in Texas,” said Mario Gonzalez, vice president of development. Continue Reading The Bainbridge Companies Opens First Developed Community in Texas
Hits and Misses for the Real Estate Week of Dec. 4-8
This week’s round-up includes a governor who wants to build a lot of starter homes, an unlikely choice for Person of the Year and Jamie Dimon’s cantankerous slam of cryptocurrency. Continue Reading Hits and Misses for the Real Estate Week of Dec. 4-8
Tech Trends: Using Technology to Take Advantage of Falling Mortgage Rates
“Brokers deserve access to the same quality tools as their enterprise lender colleagues,” said Floify President and General Manager Sofia Rossato. Continue Reading Tech Trends: Using Technology to Take Advantage of Falling Mortgage Rates
MG Properties Acquires Denver Apartment Community for $76 Million
“This investment reflects our confidence in Denver’s economic growth potential,” said Jeff Gleiberman, president of MG Properties. Continue Reading MG Properties Acquires Denver Apartment Community for $76 Million
AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
The lawsuit claims the companies allegedly added unlawful fees for appraisals, inspections, property preservation, and attorneys’ fees or costs. Continue Reading AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
For the first year since 2020, Covid was not among the most common reasons for projects not being completed. Continue Reading Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
Ashcroft Capital Adds South Florida Community to its Portfolio
The acquisition marks Ashcroft’s 10th apartment community within Florida and its first in the South Florida market. Continue Reading Ashcroft Capital Adds South Florida Community to its Portfolio
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley. Continue Reading New Bill Would Ban Hedge Funds from Owning Single-Family Homes
Redfin Launches AI-Powered Tool to Redesign Listing Photos
The new feature is available for all active Redfin listings and eligible sold Redfin listings in the U.S. on Redfin.com and iPhone. Continue Reading Redfin Launches AI-Powered Tool to Redesign Listing Photos
