U.S. Housing Market
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Iowa Home Sales Decline While Prices Rise 7%
Median sales price increased 7% to $244,950 in November from the $229,000 of one year before. Continue Reading Iowa Home Sales Decline While Prices Rise 7%
New Data Reports Highlight Mild But Continued Home Price Acceleration
FHFA Director Bill Pulte made no public acknowledgement of the home price increases. Continue Reading New Data Reports Highlight Mild But Continued Home Price Acceleration
Georgia Home Sales Down 9% During November
During November, the median sales price dipped by 1% to $356,000 while the average sales price inched up 2% to $449,463. Continue Reading Georgia Home Sales Down 9% During November
New Study Finds Poor Air Quality Powers Outbound Migration
If there is a theme song for some of today’s outbound migration trends, it could be The Hollies’ “All I Need is the Air That I Breathe” – a new data report by Redfin (NASDAQ:RDFN) found that 1.2 million more people moved out of than into metros facing high risk from...
NYC Recorded Lopsided Housing Construction Filings in Q4 2023
There were only nine filings for buildings with 100 or more proposed units during this period. Continue Reading NYC Recorded Lopsided Housing Construction Filings in Q4 2023
The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
The 41-unit development offers a mix of one-, two- and three-bedroom apartments. Continue Reading The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
Hits and Misses for the Real Estate Week of Feb. 5-9
This week’s Hits and Misses include an XXL-large listing price, Janet Yellen’s not-calming words and an unlikely exodus of Gen Zers into California. Continue Reading Hits and Misses for the Real Estate Week of Feb. 5-9
NAR: ‘Cooperative Compensation is Good for Consumers’
NAR Graham Wood said the organization “believes this outcome was unsupported and was largely driven by legally erroneous rulings by the judge.” Continue Reading NAR: ‘Cooperative Compensation is Good for Consumers’
Redfin: Asking Rents Flattened in January
Redfin Chief Economist Daryl Fairweather expected apartment completions to peak this year. Continue Reading Redfin: Asking Rents Flattened in January
Why Are So Many Gen Zers Moving to California?
Nearly 215,000 movers left California in 2022, but the state also recorded a net positive gain of nearly 44,000 Gen Z adults. Continue Reading Why Are So Many Gen Zers Moving to California?
Affordable Homeownership in California Remains at Historic Low
A minimum annual income of $222,800 was needed to make monthly payments of $5,570. Continue Reading Affordable Homeownership in California Remains at Historic Low
Mortgage Credit Availability Inched Up in January
“Overall credit availability remained close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up in January
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
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- Gateway First Bank to Acquire Colonial Savings, Deepening Texas Mortgage an…
- Mortgage Applications Fall Again as 30-Year Rate Climbs to 6.97%
