U.S. Housing Market
Kansas Home Sales Declined During November
The median sale price in November was $277,000, up by 4.5% from the $265,000 price recorded in the prior year. Continue Reading Kansas Home Sales Declined During November
Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Chris Delfs, board president of the Northwest Iowa Board of Realtors, welcomed the new state law. Continue Reading Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Hits and Misses for the Real Estate Week of Sept. 8-12
Trump administration officials acting strangely, a bill to protect Ohio seniors from foreclosure, and a nation experiencing its fifth blackout in a year. Continue Reading Hits and Misses for the Real Estate Week of Sept. 8-12
MBA Chief Argues Against Fannie-Freddie Merger
“Competition between Fannie Mae and Freddie Mac has been central to their success in providing liquidity and stability to the mortgage market,” Broeksmit explained. Continue Reading MBA Chief Argues Against Fannie-Freddie Merger
5-Unit, 125-Year-Old Connecticut Multifamily Property Sells for $1.7 Million
National Multifamily Corp. President Matt Cawley represented the seller, BPC Capital Management LLC, and procured the buyer, BBB Investors LLC. Continue Reading 5-Unit, 125-Year-Old Connecticut Multifamily Property Sells for $1.7 Million
DeSantis’ Affordable Housing Director Suspended After Less Than Six Months
Angie Sellers, the agency’s chief financial officer, has taken on the role of interim executive director. Continue Reading DeSantis’ Affordable Housing Director Suspended After Less Than Six Months
Home Prices Hit New Peaks in 30 of the 50 Largest Markets
“Rising home prices have boosted homeowner equity levels as well,” said Black Knight’s Andy Walden. Continue Reading Home Prices Hit New Peaks in 30 of the 50 Largest Markets
Survey: Most Americans Prefer Communities With Larger Homes and Distant Amenities
White Republicans ages 30 and older who did not have bachelor’s degree were the most likely to prefer the larger house communities. Continue Reading Survey: Most Americans Prefer Communities With Larger Homes and Distant Amenities
Q2 Market Share of FHA Loans at 14%
The second quarter’s percentage was the largest since the first quarter of 2021. Continue Reading Q2 Market Share of FHA Loans at 14%
Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year
Pending home sales were down 14.4% year-over-year, with declines in all but two of the metros tracked by Redfin. Continue Reading Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year
Active Listings Fall Below Pre-Pandemic Levels
Last month, the active housing inventory was 47.8% below the July 2019 level. Continue Reading Active Listings Fall Below Pre-Pandemic Levels
Zillow Acquires Real Estate Photography Software Platform Aryeo
Aryeo was founded in 2019 by three former real estate photographers. Continue Reading Zillow Acquires Real Estate Photography Software Platform Aryeo
Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Cher bought the property in 1991 for $1.5 million and sold it five years later for $4.35 million. Continue Reading Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac’s Sam Khater attributed the rising rates to “upbeat economic data and the U.S. government credit rating downgrade.” Continue Reading Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts
The enhancement is designed to expandaccess to homeownership by qualified self-employed borrowers. Continue Reading Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts
