U.S. Housing Market
Illinois Home Prices Rise While Sales Decline
February’s median price of $295,000 was 3.9% more than the $284,000 price recorded one year before. Continue Reading Illinois Home Prices Rise While Sales Decline
TransUnion Debuts Platform for Property Ownership Confirmations
TruLookup for Real Estate will be available in early April. Continue Reading TransUnion Debuts Platform for Property Ownership Confirmations
$15 Million Allocated for Virginia Workforce Housing Investment Program
The new funding will be used to support middle-income housing development in 14 localities. Continue Reading $15 Million Allocated for Virginia Workforce Housing Investment Program
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. Continue Reading Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
Zillow: Travis Kelce is the Football Player Most Americans Want as a Neighbor
Most Americans cited Snoop Dogg as the halftime performer they most wanted living next door. Continue Reading Zillow: Travis Kelce is the Football Player Most Americans Want as a Neighbor
S&P Case-Shiller: Home Prices Up, But Deceleration is Taking Root
Detroit accelerated with an 8.2% year-over-year gain. Continue Reading S&P Case-Shiller: Home Prices Up, But Deceleration is Taking Root
Construction Begins on $76 Million Apartment Development in Georgia
The new development covers 22 acres and will encompass 300 units spread across eight three-story buildings. Continue Reading Construction Begins on $76 Million Apartment Development in Georgia
Sena Kwawu Joins Leadership Team at Cinch Home Services
Before joining the company, Kwawu was senior vice president of operations at Frontdoor Inc. Continue Reading Sena Kwawu Joins Leadership Team at Cinch Home Services
A Phil Hall Op-Ed: Score One for the Gas Stoves
New federal energy-efficiency standards gave a thumbs up to 97% of the gas stoves now on the market. Continue Reading A Phil Hall Op-Ed: Score One for the Gas Stoves
Angel Oak Mortgage Solutions Rolls Out HELOC Product
The new product allows self-employed homeowners to tap into their home equity while retaining their first mortgage. Continue Reading Angel Oak Mortgage Solutions Rolls Out HELOC Product
Hits and Misses for the Real Estate Week of Jan. 22-26
This week’s Hits and Misses considers a new real estate trade group, increased attention on Native American housing and the collapse of a historic church. Continue Reading Hits and Misses for the Real Estate Week of Jan. 22-26
Pending Home Sales Up by 8.3%
NAR also released its Economic Outlook as of January 2024, projecting a 13% year-over-year increase in existing home sales for 2024 to 4.62 million. Continue Reading Pending Home Sales Up by 8.3%
Mortgage Rates and Purchase Loan Applications Inch Up
“We anticipate a busier spring homebuying season than 2023,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates and Purchase Loan Applications Inch Up
Single-Family Home Sales, Buyer Affordability Ticked Up in December
The national median mortgage payment was $2,055 in December. Continue Reading Single-Family Home Sales, Buyer Affordability Ticked Up in December
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