U.S. Housing Market
Zillow and Esusu Team on Credit Reporting for Renters Initiative
Starting in November, renters can sign up for rent reporting directly through Zillow to start having their payments reported each month. Continue Reading Zillow and Esusu Team on Credit Reporting for Renters Initiative
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
FlexIQ will replace PHH’s previously offered Gold/Silver/Bronze non-QM programs. Continue Reading PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
“The longer someone has owned their home, the more likely they are to come out ahead,” said Redfin Senior Economist Asad Khan. Continue Reading Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
Wisconsin Home Sales Down While Listings and Prices Rise
The Wisconsin Housing Affordability Index had a value of 124 in May last month, up 5.1% from the value of 118 set in May 2024. Continue Reading Wisconsin Home Sales Down While Listings and Prices Rise
Case-Shiller Index Records 2.7% Annual Gain in April
Separately, the Federal Housing Finance Agency reported house prices were down 0.4% in April from March. Continue Reading Case-Shiller Index Records 2.7% Annual Gain in April
Florida’s Housing Market: More Active Listings, Fewer Closed Sales
Active listings were up but new listings were down in May. Continue Reading Florida’s Housing Market: More Active Listings, Fewer Closed Sales
Planet Home Lending Buys MSR Portfolio from Village Capital & Investment
Planet plans to continue acquiring MSRs through bulk and co-issue transactions. Continue Reading Planet Home Lending Buys MSR Portfolio from Village Capital & Investment
Mortgage Rates Drop Again
“Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Chief Economist Sam Khater, Continue Reading Mortgage Rates Drop Again
Existing Home Sales Down 20% from One Year Ago
“Mortgage rates heavily influence the direction of home sales,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Down 20% from One Year Ago
Flipped Homes Accounted for 9% of All Q1 Sales
The typical gross flipping profit in the first quarter was $56,000. Continue Reading Flipped Homes Accounted for 9% of All Q1 Sales
Realtor.com Revises Housing Forecast for Second Half of 2023
Realtor.com is now forecasting a 0.9% drop in median rents for the remainder of the year. Continue Reading Realtor.com Revises Housing Forecast for Second Half of 2023
Will This Become the Most Expensive Home Ever Sold?
Casa Encantada twice broke sales records, once in 1980 and again in 2000. Continue Reading Will This Become the Most Expensive Home Ever Sold?
Mortgage Application Activity Records Scant Uptick
MBA’s Builder Application Survey data for May saw applications for new home purchases were up by 8% from April. Continue Reading Mortgage Application Activity Records Scant Uptick
CVS Health Invests $8.4 Million in Maine Senior Housing Project
Fifteen of the units will have a preference for older adults who are known as “Long-Term Stayers” in the City of Portland’s homeless shelters. Continue Reading CVS Health Invests $8.4 Million in Maine Senior Housing Project
NYC Mansion with a Colorful History Listed at $13 Million
The nine-story townhouse encompasses 18,000 square feet, with nine bedrooms and 11 bathrooms. Continue Reading NYC Mansion with a Colorful History Listed at $13 Million
