U.S. Housing Market
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
Homebuyer Assistance Programs Reach New Record High During Q2
There are currently 2,554 homebuyer assistance programs operating today. Continue Reading Homebuyer Assistance Programs Reach New Record High During Q2
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
Hits and Misses for the Real Estate Week of Oct. 30 – Nov. 3
This week’s Hits and Misses considers NAR’s multiple woes, the Federal Reserve’s rediscovery of the pause button and Jeff Bezos’ farewell to Seattle. Continue Reading Hits and Misses for the Real Estate Week of Oct. 30 – Nov. 3
Nearly 7% of Homes for Sale Posted a Price Drop
This percentage is the highest on record. Continue Reading Nearly 7% of Homes for Sale Posted a Price Drop
FHA Extends Foreclosure Moratorium in Maui County
The moratorium was originally set to expire on Nov. 8. Continue Reading FHA Extends Foreclosure Moratorium in Maui County
CRMLS Now Offering CubiCasa’s Floor Plan Product
CRMLS users will receive special access to free floor plans, discounts on add-on features, and access to a network of real estate photographers. Continue Reading CRMLS Now Offering CubiCasa’s Floor Plan Product
CondoTek and MGIC Unveil Condo Compliance Solution
The MGIC Compliance validation is delivered at no additional cost to CondoTek’s CPW. Continue Reading CondoTek and MGIC Unveil Condo Compliance Solution
Mortgage Rates Hold Steady
“The 30-year fixed-rate mortgage paused its multi-week climb but continues to hover under 8%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Hold Steady
Federal Housing Administration Changes Appraisal Requirements for Certain Manufactured Homes
Federal Housing Commissioner Julia R. Gordon said this update is part of the “comprehensive efforts to increase both the supply and affordability of manufactured homes.” Continue Reading Federal Housing Administration Changes Appraisal Requirements for Certain Manufactured Homes
Build More Housing Near Transit Act is Reintroduced in Bipartisan Endeavor
“Our bill will maximize federal investments in transit and increase housing options for cost-burdened Americans to alleviate this pressure,” said Rep. Scott Peters. Continue Reading Build More Housing Near Transit Act is Reintroduced in Bipartisan Endeavor
FHA Proposes Policy Updates to HECM Program
The updates seek to “streamline certain requirements and reduce operational challenges associated with servicing a HECM portfolio.” Continue Reading FHA Proposes Policy Updates to HECM Program
Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
Only 2.5% of all residential mortgages, or one in 40, were considered seriously underwater in the third quarter. Continue Reading Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
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