U.S. Housing Market
Trump to Push Builders to Increase Home Construction
“I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going,” said Trump. Continue Reading Trump to Push Builders to Increase Home Construction
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
Mortgage Application Activity Sinks Amid Economic Tumult
“We have yet to see sustained growth in purchase applications,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Economic Tumult
Mortgage Delinquency Rate Bounced Up in April
Foreclosure starts dropped by 23% to 25,000, the lowest since September 2022. Continue Reading Mortgage Delinquency Rate Bounced Up in April
The Property Market with the Highest Level of Natural Disaster Risks Is…
CoreLogic’s latest Climate Risk Analytics report determined the impact of natural hazards and climate risks on properties. Continue Reading The Property Market with the Highest Level of Natural Disaster Risks Is…
FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees
Thompson stressed that “updated and improved pricing framework makes homeownership more attainable for creditworthy first-time homebuyers, which strengthens communities.” Continue Reading FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees
The Most Affordable City for Homeownership Is…
Honolulu had the lowest median real estate tax rate while Waterbury, Connecticut, had the highest. Continue Reading The Most Affordable City for Homeownership Is…
China is Top Country with Buyers Searching for Miami Real Estate
Closer to home, Texas led the states searching MiamiRealtors.com for property. Continue Reading China is Top Country with Buyers Searching for Miami Real Estate
More New Single-Family Homes Being Sold, But They Are Also Smaller
The median single-family square floor area registered at 2,261 square feet. Continue Reading More New Single-Family Homes Being Sold, But They Are Also Smaller
A Phil Hall Op-Ed: The Disney Real Estate Dead Pool
So, if death really comes in threes, what is the next Disney property to disappear? Continue Reading A Phil Hall Op-Ed: The Disney Real Estate Dead Pool
MBA’s Broeksmit on New Regulatory Proposals: ‘This Looks Like a Power Grab’
“It looks like a clear-cut attempt to punish an industry that some policymakers seem to personally dislike or distrust,” Broeksmit said. Continue Reading MBA’s Broeksmit on New Regulatory Proposals: ‘This Looks Like a Power Grab’
There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent
In Detroit, the typical home is 24% less expensive to buy than rent. Continue Reading There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent
