U.S. Housing Market
Singapore’s Banyan Group Enters US Luxury Residential Market
Banyan Tree Residences West Palm Beach features 88 private residences ranging from one- to four-bedroom layouts, along with a limited collection of penthouses. Continue Reading Singapore’s Banyan Group Enters US Luxury Residential Market
Paul Anka Relists LA-Area Estate for $8.9 Million
The 5.75-acre property is located within the gates of Sherwood Country Club. Continue Reading Paul Anka Relists LA-Area Estate for $8.9 Million
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
This Final Rule is effective Feb. 23, 2026. Continue Reading FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Hits and Misses for the Real Estate Week of Jan. 15-19
This week’s Hits and Misses include another broker commission lawsuit, an accounting giant exiting its namesake building and Alec Baldwin’s unlikely home selling strategy. Continue Reading Hits and Misses for the Real Estate Week of Jan. 15-19
FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
The deadline to file a claim is March 18. Continue Reading FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
Florida’s Single-Family Home Sales Down 10.3% for 2023
The statewide median sales price for single-family existing homes at year’s end was $410,000, up 1.9% from the previous year. Continue Reading Florida’s Single-Family Home Sales Down 10.3% for 2023
New York State Ends 2023 with Record-Low Home Inventory
The $380,000 median sales price was 10.1% higher than the $345,000 price in December 2022. Continue Reading New York State Ends 2023 with Record-Low Home Inventory
Ameris Bank Debuts Borrower Assistance Program in Jacksonville
The program follows Ameris Bank’s $9 million settlement last October with the U.S. Department of Justice to resolve redlining allegations. Continue Reading Ameris Bank Debuts Borrower Assistance Program in Jacksonville
Builder Confidence Up by 7 Points
Many builders continue to reduce home prices to boost sales. Continue Reading Builder Confidence Up by 7 Points
Mortgage Applications for New Home Purchases Up 22.2%
The average loan size for new homes increased from $390,049 in November to $405,368 in December. Continue Reading Mortgage Applications for New Home Purchases Up 22.2%
Existing Home Sales Were Down for December
The median existing home price for all housing types in December was $382,600, a year-over-year increase of 4.4%. Continue Reading Existing Home Sales Were Down for December
Mortgage Rates Drop to 8-Month Low
The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18. Continue Reading Mortgage Rates Drop to 8-Month Low
Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
Among the 64 markets where median three-bedroom rents require less than one-third of average local wages, 59 are in the Midwest and South. Continue Reading Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
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