U.S. Housing Market
‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
The mansion is not in Bel-Air – it is located in Brentwood. Continue Reading ‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Programs offer forgivable grants to homebuyers earning up to 80% of the area median income. Continue Reading Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Mortgage Application Activity Slows Again
The FHA share of total applications increased to 20.5% from 18.5% the week prior while the VA share of total applications dropped to 14.9% from 16.3%. Continue Reading Mortgage Application Activity Slows Again
Younger Buyers Expressing Greater Interest in ‘House Hacking’
Zillow’s Manny Garcia noted that “rental income can step in to help with mortgage qualification and smoothing out those monthly payments.” Continue Reading Younger Buyers Expressing Greater Interest in ‘House Hacking’
Guaranteed Rate Debuts ‘Lock It, List It’ Program for Real Estate Agents
“Lock it, List it” will also be available for high balance mortgages. Continue Reading Guaranteed Rate Debuts ‘Lock It, List It’ Program for Real Estate Agents
Mark Willis Returns as Keller Williams CEO
Willis served as the Austin-based company’s president from 2002 to 2005 and as CEO from 2005 to 2015. Continue Reading Mark Willis Returns as Keller Williams CEO
Disney Previews Home Designs for New Cotino Community
“We can’t wait for residents to experience this special place where they will be inspired to live their very best lives,” said Disney’s Claire Bilby. Continue Reading Disney Previews Home Designs for New Cotino Community
Utah Leads the Nation in Home Improvement Loans
The overall average loan amount for Utah’s home improvement loans is $117,835. Continue Reading Utah Leads the Nation in Home Improvement Loans
Rocket Mortgage Faces Second Lawsuit Alleging Telemarketing Overkill
The lawsuit seeks unspecified damages on behalf of “hundreds” of other consumers. Continue Reading Rocket Mortgage Faces Second Lawsuit Alleging Telemarketing Overkill
Sotheby’s International Realty Expands in Upstate New York
The newly added firm is the company’s 60th office in New York State. Continue Reading Sotheby’s International Realty Expands in Upstate New York
Leadership Changes Coming to Fannie Mae
President David C. Benson will retire in early to mid-2024 and CEO Priscilla Almodovar will add his title to her duties. Continue Reading Leadership Changes Coming to Fannie Mae
New York Governor Signs Deed Theft Protection Law
Gov. Kathy Hochul said deed theft particularly impacts “Black and Brown neighborhoods.” Continue Reading New York Governor Signs Deed Theft Protection Law
NAR’s Yun: 15% Spike in Home Sales Coming Next Year
“I believe we’ve already reached the peak in terms of interest rates,” Yun said. Continue Reading NAR’s Yun: 15% Spike in Home Sales Coming Next Year
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