U.S. Housing Market
Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
The rebates would be administered by the Florida Department of Financial Services. Continue Reading Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
UWM and Bilt Partner on Rewards Program for Mortgage Payments
“This platform helps brokers win new, high-intent, leads from Bilt’s ecosystem,” said UWM’s Mat Ishbia. Continue Reading UWM and Bilt Partner on Rewards Program for Mortgage Payments
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
HUD Proposes Eliminating Green Housing Mandate
“At HUD, we’re mission-minded and focused on helping to put affordable housing within reach for hardworking Americans,” said Secretary Scott Turner. Continue Reading HUD Proposes Eliminating Green Housing Mandate
FHLB Dallas Expands Eligibility Standards in Housing Assistance for Veterans Program
The program provides up to $15,000 per household and includes eligible Gold Star Families. Continue Reading FHLB Dallas Expands Eligibility Standards in Housing Assistance for Veterans Program
HUD Allocates $29.5 Million for Fair Housing Assistance Program
The FHAP is designed to provide protection to the public against discrimination in housing. Continue Reading HUD Allocates $29.5 Million for Fair Housing Assistance Program
Has Confidence in the US Housing Market Plateaued?
“Many consumers may be coming to terms with elevated mortgage rates and high home prices,” said Fannie Mae’s Doug Duncan. Continue Reading Has Confidence in the US Housing Market Plateaued?
Mortgage Rates Continue to Soar
The 30-year fixed-rate mortgage’s 6.81% was the highest level achieved this year. Continue Reading Mortgage Rates Continue to Soar
Redfin: Average Home Is Selling Above Its Asking Price Again
The median asking price of newly listed homes was $395,725, up 1.1% from a year earlier. Continue Reading Redfin: Average Home Is Selling Above Its Asking Price Again
Mortgage Application Activity Goes Into Decline
The refinance share of mortgage activity inched up to 27.4% of total applications. Continue Reading Mortgage Application Activity Goes Into Decline
KeyBank Launches New Program to Help Homebuyers with Closing Costs
Cleveland-headquartered KeyBank (NYSE: KEY) has launched KeyBank Neighbors First Credit, the third in its series of Special Purpose Credit Programs designed to help borrowers achieved homeownership. According to the company, KeyBank Neighbors First Credit is designed...
30-Unit Development Site in Philadelphia Brokered for $3 Million
The townhomes are expected to sell in the $600,000-range. Continue Reading 30-Unit Development Site in Philadelphia Brokered for $3 Million
D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million
The acquired homebuilding assets of Truland Homes include approximately 263 lots, 155 homes in inventory and 55 homes in sales order backlog. Continue Reading D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million
UDR Teams with LaSalle on $510 Million Joint Venture Deal
“We are pleased to establish a new joint venture with such a high-quality partner,” said Tom Toomey, UDR’s chairman and CEO. Continue Reading UDR Teams with LaSalle on $510 Million Joint Venture Deal
