U.S. Housing Market
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
The measure’s proponents are seeking to have it included on the November 2026 ballot. Continue Reading New Initiative Seeks to Eliminate Property Taxes in Oklahoma
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
New Studies Detail 2023’s Inbound and Outbound Migration Patterns
U-Haul reported Texas attracted the largest number of state-to-state movers using the company’s equipment in 2023. Continue Reading New Studies Detail 2023’s Inbound and Outbound Migration Patterns
Argyle Real Estate Partners Acquires South Carolina Community
The acquisition marks the company’s first in the Charleston market. Continue Reading Argyle Real Estate Partners Acquires South Carolina Community
New Supportive Housing Community Opens in Los Angeles
The three-story SagePointe building has 55 one-bedroom apartments and a two-bedroom manager’s home. Continue Reading New Supportive Housing Community Opens in Los Angeles
Hits and Misses for the Real Estate Week of Dec. 25-29
A lack of affordable homeownership options, another lawsuit over broker commissions and the sale of a Frank Lloyd Wright house tops this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 25-29
New Study Ranks the Best Reverse Mortgage Companies
Longbridge Financial was praised as “Best for Low Interest Rates.” Continue Reading New Study Ranks the Best Reverse Mortgage Companies
Level of Homebuyer Relocation at 18-Month Low
Los Angeles recorded the highest volume of outward migration. Continue Reading Level of Homebuyer Relocation at 18-Month Low
Zillow Sues Two MLSs for Blocking Use of ShowingTime Tool
“We believe the actions by these two MLSs are anticompetitive,” said Errol Samuelson, Zillow Group’s chief industry development officer. Continue Reading Zillow Sues Two MLSs for Blocking Use of ShowingTime Tool
Mortgage Rates End 2023 in a Downward Spiral
“The rapid descent of mortgage rates over the last two months stabilized a bit this week, but rates continue to trend down,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates End 2023 in a Downward Spiral
Pending Home Sales Activity Remains Unchanged
The Northeast, Midwest and West posted monthly gains in transactions while the South recorded a loss. Continue Reading Pending Home Sales Activity Remains Unchanged
Clayton Completes Five Volunteer Home Rebuilding Projects
A total of 93 Clayton team members were engaged in this endeavor. Continue Reading Clayton Completes Five Volunteer Home Rebuilding Projects
