U.S. Housing Market
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
“Climate risk is a reality today, not tomorrow,” said Matthew Eby, founder and CEO of First Street. Continue Reading Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
Mortgage Application Activity Up 12.5%
The Refinance Index increased 16% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 12.5%
Canada’s RARE Real Estate Expands Into US Market
The company became a household name through the Amazon Prime series “Luxe Listings Toronto.” Continue Reading Canada’s RARE Real Estate Expands Into US Market
Mortgage Credit Availability at Highest Level in Nearly 3 Years
“Credit supply increased to its highest level since August 2022,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at Highest Level in Nearly 3 Years
Guest Opinion: How Real Estate Professionals Can Achieve Their Goals in Today’s Economy
The most valuable resource that real estate professionals can bring to their clients in this market is positivity. Continue Reading Guest Opinion: How Real Estate Professionals Can Achieve Their Goals in Today’s Economy
FHFA Rescinds Upfront Fees Based on DTI Ratio
“I appreciate the feedback FHFA has received from the mortgage industry and other market participants,” said FHFA Director Thompson. Continue Reading FHFA Rescinds Upfront Fees Based on DTI Ratio
Mortgage Application Activity in 6.3% Upswing
“Mortgage applications responded positively to a drop in rates last week,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity in 6.3% Upswing
Maricopa County Ranks Highest in List of Top Second Home Markets
Arizona’s Maricopa County took the number one ranking in the newly published list of top U.S. markets for luxury second homes published by the real estate marketplace Pacaso. “The county's vibrant desert cities of Phoenix and Scottsdale offer world-class golf,...
NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
“Home price increases are naturally good for homeowners,” stated Yun. Continue Reading NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
California County Beset by Fraudulent Real Estate Sales
The fraudsters identify vacant or lien-free properties and attempt to negotiate their sale. Continue Reading California County Beset by Fraudulent Real Estate Sales
Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
“We’re seeing relatively strong conditions in the rental market, both in multifamily rentals as well as the build for rent single-family homes,” said Mangold. Continue Reading Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
Mortgage Credit Availability at 10-Year Low
“Government credit supply decreased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at 10-Year Low
Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
The $371,200 national median single-family existing-home price was down by a scant 0.2% from one year earlier. Continue Reading Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
The inaugural Tech Equity Hackathon will be held June 16–18 at American University in Washington, D.C. Continue Reading Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
