U.S. Housing Market
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
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
Camber Property Group Offers Updates on Two NYC Projects
The new affordable housing complexes are in The Bronx and Brooklyn. Continue Reading Camber Property Group Offers Updates on Two NYC Projects
New Home Sales Down in November
The median sales price of new houses sold in November was $434,700 and the average sales price was $488,900. Continue Reading New Home Sales Down in November
New York State’s Inventory of Homes for Sale at Record Low
The state’s median sales prices were up for the fourth consecutive month in year-over-year comparisons. Continue Reading New York State’s Inventory of Homes for Sale at Record Low
Pennsylvania Home Prices Inch Up While Sales and Inventory Decline
“The median sales prices have displayed remarkable stability this year,” said PAR President Al Perry. Continue Reading Pennsylvania Home Prices Inch Up While Sales and Inventory Decline
New VP at Planet Home Lending to Focus on Construction Loans
Melony Harpe will work with the company’s mortgage loan officers to increase their sales of new home construction loans. Continue Reading New VP at Planet Home Lending to Focus on Construction Loans
Florida’s Housing Market Enjoyed a Robust November
Florida had a 3.7-months’ supply of single-family existing homes last month, up 32.1% year-over-year. Continue Reading Florida’s Housing Market Enjoyed a Robust November
Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
The six affordable studio units are set at an area median income range of 130% at $2,600 monthly rent, Continue Reading Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
Mortgage Rates Fall Further Away From 7%
The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95% Continue Reading Mortgage Rates Fall Further Away From 7%
MBA: Median Mortgage Payments Drop by $62 in November
“Homebuyer affordability improved in November, with a decline in mortgage rates providing relief to prospective homebuyers,” said MBA’s Edward Seiler. Continue Reading MBA: Median Mortgage Payments Drop by $62 in November
Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
As for those who did move away, 47% of millennials and Gen Zers said would consider returning to where they grew up and have family. Continue Reading Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
