U.S. Housing Market
Illinois Home Sales Up 4.6% Year-Over-Year
The monthly median price of $301,000 in September was 3.8% higher than $290,000 from one year before. Continue Reading Illinois Home Sales Up 4.6% Year-Over-Year
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Roll out is slated over the next few weeks. Continue Reading Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
New York State Housing Inventory Expands to Nearly a 3-Year High
The state’s home prices were up for the 23rd straight month. Continue Reading New York State Housing Inventory Expands to Nearly a 3-Year High
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
ByteFederal is also teaming with OPISAS, an international real estate firm, to enable cryptocurrency purchases in Florida by foreign investors. Continue Reading Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Navy Federal Credit Union Wins MBA’s Residential Educator Award
Navy Federal Credit Union is the world’s largest credit union with $165.2 billion in assets and 13 million members. Continue Reading Navy Federal Credit Union Wins MBA’s Residential Educator Award
MBA Chief Broeksmit to Housing Industry: ‘Washington, D.C. is Fighting Against You’
“This madness must stop before it’s too late,” he said. Continue Reading MBA Chief Broeksmit to Housing Industry: ‘Washington, D.C. is Fighting Against You’
Hits and Misses for the Real Estate Week of Oct. 9-13
Rising mortgage rates, rising foreclosure rates, and Bad Bunny’s rather pricey rental unit. Continue Reading Hits and Misses for the Real Estate Week of Oct. 9-13
HUD Allocates $212 Million to Expand Housing for Very-Low Income People with Disabilities
“This funding is a small but important part of HUD’s overall commitment to meeting the housing needs of all communities,” said HUD’s Ethan Handelman. Continue Reading HUD Allocates $212 Million to Expand Housing for Very-Low Income People with Disabilities
Marcus Ervin Joins DCHFA as SVP of Multifamily Lending
Ervin will serve as the agency’s chief underwriter with responsibilities for developing business opportunities and managing the predevelopment construction pipelines. Continue Reading Marcus Ervin Joins DCHFA as SVP of Multifamily Lending
Mortgage Rates Surge Onward and Upward for Fifth Straight Week
Sam Khater, Freddie Mac’s chief economist, noted, “The good news is that the economy and incomes continue to grow at a solid pace.” Continue Reading Mortgage Rates Surge Onward and Upward for Fifth Straight Week
Home Values in 0.1% Decline During September
31 of the 50 largest metro areas have home values that are higher today versus one year ago. Continue Reading Home Values in 0.1% Decline During September
Foreclosure Filings Up During Q3
ATTOM CEO Rob Barber observed that “some homeowners are still grappling with the pandemic’s financial aftermath or encountering new challenges.” Continue Reading Foreclosure Filings Up During Q3
CFPB and FTC Take Action Against TransUnion Over Rental Background Checks
“Americans across the country were put at risk of wrongful housing denials because TransUnion failed to follow the law,” said CFPB Director Rohit Chopra. Continue Reading CFPB and FTC Take Action Against TransUnion Over Rental Background Checks
Upcoming Episode of ‘Viewpoint’ to Focus on Multifamily Investing
The episode will be in production later this year. Continue Reading Upcoming Episode of ‘Viewpoint’ to Focus on Multifamily Investing
