U.S. Housing Market
Deltec Homes Debuts New Line of Affordable Dwelling Units
“These new cottages are our most cost-effective models to date,” said Meg Gore, CEO of Deltec Homes. Continue Reading Deltec Homes Debuts New Line of Affordable Dwelling Units
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
“He’s the best,” the FHFA director cheered. Continue Reading FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
The State with the Highest Property Tax Is…
Homeowners in West Virginia paid the lowest average total real estate taxes at $1,044. Continue Reading The State with the Highest Property Tax Is…
Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
The median home price increased 2.1% from 2022, reaching an all-time annual high of $335,000. Continue Reading Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
Median Asking Rents Down in December
“Softening rental prices throughout 2023 offered renters a small reprieve,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Median Asking Rents Down in December
Apartments by Marriott Bonvoy Brand to Expand in Three Countries
The properties are planned in Detroit and St. Louis. Continue Reading Apartments by Marriott Bonvoy Brand to Expand in Three Countries
More Investment Flowing to Affordable Multifamily
While low income home buyers are still struggling with housing affordability and low housing inventory, multifamily developers are attracting investments that are enabling them to build more apartments. Continue Reading More Investment Flowing to Affordable Multifamily
American Real Estate Association Unveiled as NAR Alternative
A pair of high-profile real estate agents have unveiled their effort to directly challenge the National Association of Realtors (NAR) as the trade organization representing their profession. Jason Haber, a New York City-based agent with Compass, and Mauricio Umansky,...
Forecast Projects Increase in Condo Communities During 2024
Community associations represent more than 30% of the U.S. housing stock. Continue Reading Forecast Projects Increase in Condo Communities During 2024
MBA: Only 0.23% of Loans in Forbearance at the End of 2023
According to MBA’s estimate, 115,000 homeowners are in forbearance plans. Continue Reading MBA: Only 0.23% of Loans in Forbearance at the End of 2023
FHLBank San Francisco Launches $1 Million Tribal Nations Program
Grant dollars from the Tribal Nations Program will be allocated based on the percentage of Native American population across the Bank’s three-state district of Arizona, California, and Nevada. Continue Reading FHLBank San Francisco Launches $1 Million Tribal Nations Program
Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
The property was listed last May at $8 million but sold for $6 million. Continue Reading Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
The editors claimed the policy change’s “main beneficiaries are the housing lobby.” Continue Reading Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
