U.S. Housing Market
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
The FTC will send checks and PayPal payments to 960 affected consumers. Continue Reading FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm
Capital One to Close Discover’s Home Equity Lending Business
The company said it “will continue to process applications that are in progress.” Continue Reading Capital One to Close Discover’s Home Equity Lending Business
Housing Inventory Expands, But Delistings Are Also on the Rise
Delistings are growing faster than active inventory at 31.5%. Continue Reading Housing Inventory Expands, But Delistings Are Also on the Rise
Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures
The fire consumed much of Maui’s historic Front Street, a popular site featuring retail stores, bars and restaurants. Continue Reading Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures
Mortgage Rates Rise For Third Straight Week
The 30-year fixed-rate mortgage averaged 6.96% as of Aug. 10, up from last week when it averaged 6.90%. Continue Reading Mortgage Rates Rise For Third Straight Week
Manhattan Average Rents Set New Record at $5,588 Per Month
“We could see another month of records,” said Jonathan Miller, CEO of Miller Samuel. Continue Reading Manhattan Average Rents Set New Record at $5,588 Per Month
The Housing Seesaw: Home Sales Sink While Prices Remain Elevated
NAR recorded the national median single-family existing-home price at $402,600, down 2.4% from one year ago. Continue Reading The Housing Seesaw: Home Sales Sink While Prices Remain Elevated
MBA: Mortgage Application Volume Down 3.1%
The Refinance Index fell by 4% from the previous week and was 37% lower than the same week one year ago. Continue Reading MBA: Mortgage Application Volume Down 3.1%
Lower Mortgage Delinquency Rates on Hurricane-Impacted Homes with Modern Building Codes
“Modern building codes provide stability when weather-related disasters occur,” said CoreLogic’s Tanya Havlicek. Continue Reading Lower Mortgage Delinquency Rates on Hurricane-Impacted Homes with Modern Building Codes
Rudy Giuliani Lists His NYC Apartment at $6.5 Million
Giuliani purchased the 10th floor co-op apartment in 2002 for $4.8 million. Continue Reading Rudy Giuliani Lists His NYC Apartment at $6.5 Million
One-Third of Apartments in Adaptive Reuse Projects Came from Office Buildings
“Creative approaches are increasingly being sought to deliver net new affordable homes,” said Yardi Matrix’s Doug Ressler. Continue Reading One-Third of Apartments in Adaptive Reuse Projects Came from Office Buildings
Judge Dismisses Airbnb Lawsuit Against NYC Over Short-Term Rental Rules
Theo Yedinsky, global policy director for Airbnb, stated the city’s rules were “a blow to its tourism economy.” Continue Reading Judge Dismisses Airbnb Lawsuit Against NYC Over Short-Term Rental Rules
Survey: Most Californians Favor Easing Environmental Restrictions to Build More Housing
The Bay Area was the only section of the state where most respondents favored maintaining restrictions. Continue Reading Survey: Most Californians Favor Easing Environmental Restrictions to Build More Housing
