U.S. Housing Market
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
$3.48 Million LA Home Now Available for Cryptocurrency Purchase
The 4,545-square foot residence within the 0.44-acre property is within a 24/7 guard-gated and patrolled community. Continue Reading $3.48 Million LA Home Now Available for Cryptocurrency Purchase
Mortgage Rates Decline for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.67% as of July 3. Continue Reading Mortgage Rates Decline for Fifth Straight Week
Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations
The lawsuit cites Real Token LLC, company owners Remy and Jean-Marc Jacobson, and their 165 affiliated corporate defendants. Continue Reading Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations
Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them
For the 15th consecutive year, Florida remained the top destination for foreign buyers, accounting for 23% of all international purchases. Continue Reading Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them
MBA: $480.1 Billion in Multifamily Mortgages During 2022
Last year’s total was generated by 2,242 lenders. Continue Reading MBA: $480.1 Billion in Multifamily Mortgages During 2022
A Phil Hall Op-Ed: Should Biden Pay Homeowners to Sell Their Properties?
The ideas being offered are fascinating, albeit by default rather than design since no other ideas are forthcoming. Continue Reading A Phil Hall Op-Ed: Should Biden Pay Homeowners to Sell Their Properties?
Howard Hughes’ One-Time LA Mansion Listed for $23 Million
Hughes’ rise to aviation and filmmaking prominence came during his years at the mansion. Continue Reading Howard Hughes’ One-Time LA Mansion Listed for $23 Million
Residential Property Development Announced for World Trade Center Site
The new property will also include more than 190,000 square feet of commercial retail and office space. Continue Reading Residential Property Development Announced for World Trade Center Site
Study: 58% of Gen Z Consumers Live with Family Members
“The relationship between household income and household composition explains why many families tend to struggle financially,” said LendingClub’s Alia Dudum. Continue Reading Study: 58% of Gen Z Consumers Live with Family Members
Hits and Misses for the Real Estate Week of July 24-28
The residents of the exclusive Hope Ranch enclave of Santa Barbara, California, don’t want a royal couple as neighbors. Continue Reading Hits and Misses for the Real Estate Week of July 24-28
First-Time Buyers Need to Earn 13% More Than a Year Ago to Purchase Starter Home
The only major metros where starter-home buyers need less income than they did a year ago are San Francisco, Austin and Phoenix. Continue Reading First-Time Buyers Need to Earn 13% More Than a Year Ago to Purchase Starter Home
$91 Million Affordable and Supportive Housing Development Opens in the Bronx
All apartments are affordable to households earning at or below 80% of the Area Median Income. Continue Reading $91 Million Affordable and Supportive Housing Development Opens in the Bronx
HUD Debuts $85 Million Program for Removing Barriers to Affordable Housing
“We are acting to increase the supply of affordable housing,” said HUD Secretary Fudge. Continue Reading HUD Debuts $85 Million Program for Removing Barriers to Affordable Housing
