U.S. Housing Market
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
Mortgage Delinquency Rate Inches Up to 3.72%
A total of 35,000 foreclosure starts were recorded last month, down 16% from January but up 7% from February 2025. Continue Reading Mortgage Delinquency Rate Inches Up to 3.72%
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
In April, he listed the property for just under $14 million but later withdrew the listing when there was no buyer interest. Continue Reading Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
Illinois Home Prices Rising While Sales Decline
The city of Chicago experienced an 11.8% year-over-year decrease in sales. Continue Reading Illinois Home Prices Rising While Sales Decline
Report: Typical Household Needs 7 Years to Save for a Down Payment
In many expensive coastal metros, saving for a typical down payment can take 20 to more than 35 years. Continue Reading Report: Typical Household Needs 7 Years to Save for a Down Payment
86% of Metro Areas Posted Home Price Gains in Q4 2023
The national median single-family existing home price was up by 3.5% from a year ago to $391,700. Continue Reading 86% of Metro Areas Posted Home Price Gains in Q4 2023
MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
The FHA delinquency rate spiked by 131 basis points to 10.81%, the highest level since the third quarter of 2021. Continue Reading MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
NAHB: Housing Affordability Remains Near Historic Low Level
37.7% of new and existing homes sold in the fourth quarter were affordable to families earning the national median income of $96,300. Continue Reading NAHB: Housing Affordability Remains Near Historic Low Level
Harbor Group International Acquires Colorado Multifamily Portfolio
With these acquisitions, the company now owns 10 real estate assets in Colorado. Continue Reading Harbor Group International Acquires Colorado Multifamily Portfolio
Feds Propose Rule for Real Estate Professionals to Report Potential Money Laundering
“Predicate offenses for money laundering through real estate continue to involve domestic and transnational activity,” said the Treasury report. Continue Reading Feds Propose Rule for Real Estate Professionals to Report Potential Money Laundering
Mortgage Applications Up While Most Americans Expect Lower Rates
The Fannie Mae Home Purchase Sentiment Index increased 3.5 points in January to 70.7, its highest level since March 2022. Continue Reading Mortgage Applications Up While Most Americans Expect Lower Rates
First Home Mortgage Corp. Rolls Out Down Payment Assistance Program
Under this program, the buyer contributes 1% and First Home Mortgage contributes 2% (up to $5,500) towards the down payment and/or closing costs. Continue Reading First Home Mortgage Corp. Rolls Out Down Payment Assistance Program
Freddie Mac Extends Mortgage Assistance to Very Low Income Borrowers
The funds can also be used to cover closing costs, escrow and mortgage insurance premiums. Continue Reading Freddie Mac Extends Mortgage Assistance to Very Low Income Borrowers
Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime
Livestream footage of this commercial will air on Atlanta television and on the Opendoor.com website. Continue Reading Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime
Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%
A new data study by LendingTree (NASDAQ:TREE) on racial disparities in homeownership has determined Black people make up an average of about 15% of the population across the nation’s 50 largest metros, but they only own an average of 10.15% of homes. In comparison,...
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