U.S. Housing Market
FHFA’s Pulte Threatens Builders Over Stock Repurchasing
“Our preference is to use carrots, but sticks are on the table,” Pulte said. Continue Reading FHFA’s Pulte Threatens Builders Over Stock Repurchasing
Alec Baldwin Shoots Down the Price on Hamptons Mansion
The property is now being offered at $19.9 million. Continue Reading Alec Baldwin Shoots Down the Price on Hamptons Mansion
Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
Marcus Ervin Joins DCHFA as SVP of Multifamily Lending
Ervin will serve as the agency’s chief underwriter with responsibilities for developing business opportunities and managing the predevelopment construction pipelines. Continue Reading Marcus Ervin Joins DCHFA as SVP of Multifamily Lending
Mortgage Rates Surge Onward and Upward for Fifth Straight Week
Sam Khater, Freddie Mac’s chief economist, noted, “The good news is that the economy and incomes continue to grow at a solid pace.” Continue Reading Mortgage Rates Surge Onward and Upward for Fifth Straight Week
Home Values in 0.1% Decline During September
31 of the 50 largest metro areas have home values that are higher today versus one year ago. Continue Reading Home Values in 0.1% Decline During September
Foreclosure Filings Up During Q3
ATTOM CEO Rob Barber observed that “some homeowners are still grappling with the pandemic’s financial aftermath or encountering new challenges.” Continue Reading Foreclosure Filings Up During Q3
CFPB and FTC Take Action Against TransUnion Over Rental Background Checks
“Americans across the country were put at risk of wrongful housing denials because TransUnion failed to follow the law,” said CFPB Director Rohit Chopra. Continue Reading CFPB and FTC Take Action Against TransUnion Over Rental Background Checks
Upcoming Episode of ‘Viewpoint’ to Focus on Multifamily Investing
The episode will be in production later this year. Continue Reading Upcoming Episode of ‘Viewpoint’ to Focus on Multifamily Investing
Toll Brothers to Begin Sales on New Florida Development
Construction of the sales center and model homes is underway. Continue Reading Toll Brothers to Begin Sales on New Florida Development
Search by School Feature Added to Zillow App
The feature is currently available on the iOS mobile app and will be on Android platforms by the end of the year. Continue Reading Search by School Feature Added to Zillow App
Slight Uptick in Mortgage Application Activity
“The level of ARM applications increased by 15% over the week,” said MBA’s Joel Kan. Continue Reading Slight Uptick in Mortgage Application Activity
Mortgage Credit Availability Up Slightly in September
“There were more loan programs for ARM loans for borrowers seeking lower initial monthly payments,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly in September
