U.S. Housing Market
South Florida Real Estate Gets Increased Inquiries from China
“Asia represents the next major growth market for South Florida real estate,” Alfredo Pujol, chairman of the board of the Miami Association of Realtors. Continue Reading South Florida Real Estate Gets Increased Inquiries from China
New Reports Find 2025 Ended with Slowing Home Price Acceleration
“National home prices grew just 1.3% for the year — the weakest full-year gain since 2011” said Nicholas Godec at S&P Dow Jones Indices. Continue Reading New Reports Find 2025 Ended with Slowing Home Price Acceleration
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Q3 Home Flipping Down, But Profits Are Up
The typical profit margin in the third quarter was 29.8%. Continue Reading Q3 Home Flipping Down, But Profits Are Up
Thrive Mortgage and Lower.com to Merge
Lower CEO and co-founder Dan Snyder will lead the combined team. Continue Reading Thrive Mortgage and Lower.com to Merge
Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round
Stairs is now live in Texas with licenses across 40 states, and the company plans to expand nationwide in early 2024. Continue Reading Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round
NAR’s Chief Economist Forecasts 4.71 Million Existing Home Sales in 2024
NAR also predicted the Austin metro market will have the most pent-up housing demand in 2024. Continue Reading NAR’s Chief Economist Forecasts 4.71 Million Existing Home Sales in 2024
Refinances Fuel Uptick in Mortgage Application Activity
The Refinance Index increased 19% from the previous week and was 27% higher than the same week one year ago. Continue Reading Refinances Fuel Uptick in Mortgage Application Activity
Asking Rents Record Steepest Decline in Over 3 Years
“Renters are finally catching a break,” said Redfin Chief Economist Daryl Fairweather. Continue Reading Asking Rents Record Steepest Decline in Over 3 Years
Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions
This is the latest lawsuit that challenges the longstanding real estate commission protocol. Continue Reading Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions
loanDepot Unveils melloNow Underwriting Engine
The company has been beta-testing the system for the last several quarters. Continue Reading loanDepot Unveils melloNow Underwriting Engine
Mortgage Credit Availability Down in November
“Credit availability in November declined to its lowest level in four months, driven by reduced offerings of non-QM and jumbo loan programs,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in November
Rocket Homes App Now Available on Apple CarPlay
Rocket noted that more than 98% of cars in the U.S. support CarPlay. Continue Reading Rocket Homes App Now Available on Apple CarPlay
