U.S. Housing Market
Pennsylvania Home Sales and Prices Dropped in December
The decline in sales was mirrored by a decline in new listings – 30,595 in December, compared to 34,812 one year earlier. Continue Reading Pennsylvania Home Sales and Prices Dropped in December
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
Alliant Credit Union Expands Mortgage Offerings
“Helping Americans achieve their financial goals, including homeownership, is at the core of Alliant’s mission,” said Dan Bauer, head of residential lending. Continue Reading Alliant Credit Union Expands Mortgage Offerings
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
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