U.S. Housing Market
HUD Probes Washington State Homeownership Program for Fair Housing Act Violations
“DEI is dead at HUD,” said Secretary Scott Turner. Continue Reading HUD Probes Washington State Homeownership Program for Fair Housing Act Violations
Listing Price Cut for Third Time on Katharine Hepburn’s Former NYC Home
Hepburn acquired the property in 1931 and lived there until her death in 2003 at the age of 96. Continue Reading Listing Price Cut for Third Time on Katharine Hepburn’s Former NYC Home
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
“Our residents deserve better than deficits, economic decline and policies that push families and businesses away,” the letter said. Continue Reading Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
Virginia Home Sales Down in November
The statewide median sales price reached $425,000 in November, up $10,000 for a 2.4% year-over-year increase. Continue Reading Virginia Home Sales Down in November
Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
The median home price increased 2.1% from 2022, reaching an all-time annual high of $335,000. Continue Reading Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
Median Asking Rents Down in December
“Softening rental prices throughout 2023 offered renters a small reprieve,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Median Asking Rents Down in December
Apartments by Marriott Bonvoy Brand to Expand in Three Countries
The properties are planned in Detroit and St. Louis. Continue Reading Apartments by Marriott Bonvoy Brand to Expand in Three Countries
More Investment Flowing to Affordable Multifamily
While low income home buyers are still struggling with housing affordability and low housing inventory, multifamily developers are attracting investments that are enabling them to build more apartments. Continue Reading More Investment Flowing to Affordable Multifamily
American Real Estate Association Unveiled as NAR Alternative
A pair of high-profile real estate agents have unveiled their effort to directly challenge the National Association of Realtors (NAR) as the trade organization representing their profession. Jason Haber, a New York City-based agent with Compass, and Mauricio Umansky,...
Forecast Projects Increase in Condo Communities During 2024
Community associations represent more than 30% of the U.S. housing stock. Continue Reading Forecast Projects Increase in Condo Communities During 2024
MBA: Only 0.23% of Loans in Forbearance at the End of 2023
According to MBA’s estimate, 115,000 homeowners are in forbearance plans. Continue Reading MBA: Only 0.23% of Loans in Forbearance at the End of 2023
FHLBank San Francisco Launches $1 Million Tribal Nations Program
Grant dollars from the Tribal Nations Program will be allocated based on the percentage of Native American population across the Bank’s three-state district of Arizona, California, and Nevada. Continue Reading FHLBank San Francisco Launches $1 Million Tribal Nations Program
Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
The property was listed last May at $8 million but sold for $6 million. Continue Reading Connecticut Estate Designed by Frank Lloyd Wright Sells at Discounted Price
Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
The editors claimed the policy change’s “main beneficiaries are the housing lobby.” Continue Reading Wall Street Journal Editors Accuse Biden of Using FHFA Policy to Win Re-Election Support
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