U.S. Housing Market
Luxury Home Sales Up 5% in September
The only two metros where prices dropped were Tampa, Florida (-3.3% to $1.45 million) and Oakland, California (-2.2% to $2.9 million). Continue Reading Luxury Home Sales Up 5% in September
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
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
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
Toll Brothers to Begin Sales on New Florida Development
Construction of the sales center and model homes is underway. Continue Reading Toll Brothers to Begin Sales on New Florida Development
Search by School Feature Added to Zillow App
The feature is currently available on the iOS mobile app and will be on Android platforms by the end of the year. Continue Reading Search by School Feature Added to Zillow App
Slight Uptick in Mortgage Application Activity
“The level of ARM applications increased by 15% over the week,” said MBA’s Joel Kan. Continue Reading Slight Uptick in Mortgage Application Activity
Mortgage Credit Availability Up Slightly in September
“There were more loan programs for ARM loans for borrowers seeking lower initial monthly payments,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly in September
Homebuyers Increasingly Tap Into the Bank of Mom and Dad
“The challenging market conditions this year are changing buyer behavior in significant ways,” said Realtor.com’s Danielle Hale. Continue Reading Homebuyers Increasingly Tap Into the Bank of Mom and Dad
Alta at The Farm, a Residential Community, Opens in Dallas Suburb
The new community is based in the heart of The Farm, a 135-acre mixed-use development. Continue Reading Alta at The Farm, a Residential Community, Opens in Dallas Suburb
Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
“Today, the spread between 30-year mortgage rates and 10-year Treasury yield is at historically high levels,” the trade groups warned. Continue Reading Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
