U.S. Housing Market
Q3 Foreclosure Filings Up 17% Year-Over-Year
One in every 1,402 housing units had a foreclosure filing in the third quarter. Continue Reading Q3 Foreclosure Filings Up 17% Year-Over-Year
Report: Apartment Rents Down Slightly in September
All regions posted month-over-month rent declines in September, most notably in the West with a -0.5% tumble. Continue Reading Report: Apartment Rents Down Slightly in September
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
Kentucky Home Sales Rise Amid Wider Number of New Listings
The median sales price during the month was $279,000, up 6% month-over-month and up 3.4% year-over-year. Continue Reading Kentucky Home Sales Rise Amid Wider Number of New Listings
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
House Members Introduce Bill to Spark Affordable Homeownership Opportunities
The credits can only be claimed for homes developed or rehabilitated in eligible low-income communities. Continue Reading House Members Introduce Bill to Spark Affordable Homeownership Opportunities
Zillow: Home Values Up 1.4% in May
The number of homes for sale on Zillow in May was 3.1% lower than one year ago. Continue Reading Zillow: Home Values Up 1.4% in May
NFHA Calls for Restoration of Fair Housing Funds Cut in Debt Ceiling Deal
The debt ceiling deal rescinded $3.3 million that HUD set aside for local fair housing enforcement agencies. Continue Reading NFHA Calls for Restoration of Fair Housing Funds Cut in Debt Ceiling Deal
Hits and Misses for the Real Estate Week of June 5-9
A new four-episode spinoff series called “Fixer to Fabulous: Italiano” takes the HGTV favorite to Tuscany. Continue Reading Hits and Misses for the Real Estate Week of June 5-9
John Wayne’s California Ranch Sold After Five Years On and Off the Market
Wayne purchased it the 1970s and invited friends to visit for horseback riding and outdoor activities. Continue Reading John Wayne’s California Ranch Sold After Five Years On and Off the Market
Illinois Debuts New Homebuyer Assistance Program
Illinois HFA1 is not exclusive to first-time buyers. Continue Reading Illinois Debuts New Homebuyer Assistance Program
Median Asking Rent Price Has First Year-Over-Year Drop in Three Years
However, this decline was fueled primarily from one region. Continue Reading Median Asking Rent Price Has First Year-Over-Year Drop in Three Years
Baby Boomers and Millennials are Moving, But Not to the Same Places
“Domestic migration continues to be a key theme shaping the housing market,” said Anna Zhou, economist for Bank of America Institute. Continue Reading Baby Boomers and Millennials are Moving, But Not to the Same Places
Foreclosure Filings Up 14% From One Year Ago
Lenders started the foreclosure process on 23,245 properties in May, up 4% from the previous year and up 5% from one year earlier. Continue Reading Foreclosure Filings Up 14% From One Year Ago
Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
The agencies said the proposed guidance would also “help identify, address, and mitigate valuation discrimination risk.” Continue Reading Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
