U.S. Housing Market
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
Report: Typical Household Needs 7 Years to Save for a Down Payment
In many expensive coastal metros, saving for a typical down payment can take 20 to more than 35 years. Continue Reading Report: Typical Household Needs 7 Years to Save for a Down Payment
Pending Home Sales Up 3.3%
On a regional measurement, pending home sales were up month-over-month and year-over-year in the Northeast, Midwest, South, and West. Continue Reading Pending Home Sales Up 3.3%
HUD Secretary Turner: 50-Year Mortgage Plan Needs More Research
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
New Home Purchase Mortgage Applications Up 6.2%
The average loan size for new homes was $405,400 in March. Continue Reading New Home Purchase Mortgage Applications Up 6.2%
Housing Starts Plummet by 12.4%
“This is the largest month-over-month drop in housing starts since the Covid lockdowns,” said economist Dr. Anthony B. Sanders. Continue Reading Housing Starts Plummet by 12.4%
Maryland Home Sales Down Nearly 14%
The average sales price in March was $473,442, up 6.3% year-over-year. Continue Reading Maryland Home Sales Down Nearly 14%
Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line
DPA with Share Appreciation is available through Click n’ Close’s retail and wholesale divisions. Continue Reading Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line
Landsea Homes Adds Insurance Coverage to Financial Services Line
The new Landsea Insurance Agency is created in collaboration with Westwood Insurance Agency. Continue Reading Landsea Homes Adds Insurance Coverage to Financial Services Line
Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach
The company plans to begin construction this month, with completion expected in summer 2026. Continue Reading Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach
A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?
Should the federal government take a more proactive role by incentivizing builders to ratchet up the national housing supply? Continue Reading A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?
Builder Confidence Remains Unchanged for April
This is the first static reading after four months of index gains. Continue Reading Builder Confidence Remains Unchanged for April
Zillow: Homes Sell on Average After 13 Days on the Market
Today’s sales speed is much faster than the pre-pandemic norm. Continue Reading Zillow: Homes Sell on Average After 13 Days on the Market
Hits and Misses for the Real Estate Week of April 8-12
This week’s focus includes rising housing costs, real estate agent safety and a tax hike for Boston’s commercial properties. Continue Reading Hits and Misses for the Real Estate Week of April 8-12
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