U.S. Housing Market
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
Kansas Home Sales Declined During November
The median sale price in November was $277,000, up by 4.5% from the $265,000 price recorded in the prior year. Continue Reading Kansas Home Sales Declined During November
Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Chris Delfs, board president of the Northwest Iowa Board of Realtors, welcomed the new state law. Continue Reading Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
New Reports Detail How LA Wildfires Changed Local Housing Market
A new wave of investors has turned up in search of real estate bargains. Continue Reading New Reports Detail How LA Wildfires Changed Local Housing Market
Builder Confidence at 6-Month High
NAHB Chief Economist Robert Dietz forecasted “single-family starts will rise about 5% this year.” Continue Reading Builder Confidence at 6-Month High
Investors Bought 26% of Affordable Homes During Q4 2023
Single-family homes represented 68.6% of investor purchases in the fourth quarter. Continue Reading Investors Bought 26% of Affordable Homes During Q4 2023
Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
Mortgage Application Activity Down 2.3%
The Refinance Index decreased 2% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Down 2.3%
Foreclosure Activity is On the Rise
Monthly increases in foreclosure completions were recorded in 19 states. Continue Reading Foreclosure Activity is On the Rise
Homeowners Staying Longer in Their Houses
The typical U.S. homeowner has spent 11.9 years in their home. Continue Reading Homeowners Staying Longer in Their Houses
Regent Properties Previews Plans for New California Community
Construction is set to start in 2025, and homes are expected to be move-in ready by 2026. Continue Reading Regent Properties Previews Plans for New California Community
Florida and Texas Lead the Nation for Master-Planned Community Sales
Florida MPCs accounted for 40% of new home sales in the top 50 list while developments in Texas followed closely with 34%. Continue Reading Florida and Texas Lead the Nation for Master-Planned Community Sales
Mattamy Homes Purchases 49 Acres for North Carolina Community
The Orlando-headquartered homebuilder Mattamy Homes announced the expansion of its presence in Harnett County, North Carolina, with the purchase of 49 acres that will become the site of the upcoming Cardinal Landing community. The new community will consist of 140...
A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?
Editor Phil Hall considers why some brokers feel the “impact of commission lawsuits” will challenge how they do business this year. Continue Reading A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?
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