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…
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
California Home Affordability Improves Slightly From One Year Ago
For the state’s condo/townhome markets, only 25% of homebuyers were able to purchase those $670,000 median-priced residences. Continue Reading California Home Affordability Improves Slightly From One Year Ago
Three Out of Four Metro Areas Saw Q2 Home Price Increases
The national median single-family existing-home price reached a record high at $429,400. Continue Reading Three Out of Four Metro Areas Saw Q2 Home Price Increases
Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million
The residence has nine bedrooms and 15 bathrooms, along with two kitchens, three guest apartments and a two-story closet. Continue Reading Johnny Damon Lists Amenity-Packed Florida Estate for $30 Million
Harbor Group International Acquires Multifamily Community in Suburban Atlanta
“As a new development with high-quality amenities, we expect The Statesman to garner a strong renter base,” said HGI’s Yisroel Berg. Continue Reading Harbor Group International Acquires Multifamily Community in Suburban Atlanta
Mortgage Application Activity Up 2.8%
The Refinance Index was up by 14% from the previous week and was 10% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 2.8%
Former NYC Prison to be Repurposed as Affordable Homeownership Complex
New York Gov. Kathy Hochul said the project is part of the state’s goal to “reimagine what’s possible at underutilized jails and prisons.” Continue Reading Former NYC Prison to be Repurposed as Affordable Homeownership Complex
The Top Second Home Market for 2023 Is…
Rhode Island’s Newport County recorded a 64% year-over-year increase in second home transactions, Continue Reading The Top Second Home Market for 2023 Is…
CBC Mortgage Agency Introduces Temporary Rate Buydowns
The new feature functions as either a 2-1 buydown or a 1-0 buydown, lowering the interest in the first years of homeownership. Continue Reading CBC Mortgage Agency Introduces Temporary Rate Buydowns
Study: Mobile Home Values Increased More Than Site-Built Single-Family Homes
The average sales price of new mobile homes sold in the U.S. rose by 77.1% between 2017 and 2022. Continue Reading Study: Mobile Home Values Increased More Than Site-Built Single-Family Homes
Publix Super Markets Charities Donates $10 Million to Southeast Housing Nonprofits
Since 2015, PSMC has donated more than $43 million to nonprofits that build homes and provide emergency shelter and transitional housing. Continue Reading Publix Super Markets Charities Donates $10 Million to Southeast Housing Nonprofits
Jeremy Edmiston Named US Lead for BTR/SFR at Cushman & Wakefield
Based in Dallas, Edmiston and his team oversee a property management portfolio of 9,500 homes and a pipeline of more than 2,500 homes. Continue Reading Jeremy Edmiston Named US Lead for BTR/SFR at Cushman & Wakefield
CoreLogic: Home Prices Up 4.7% in October
CoreLogic projects that annual home price growth will relax to 2.9% by October 2024. Continue Reading CoreLogic: Home Prices Up 4.7% in October
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