U.S. Housing Market
New YouTube Channel ‘Under 30 Homebuyer’ Focuses on Young First-Time Buyers
“Gen Z and younger Millennials are no longer relying on traditional search or financial explainers to make major life decisions,” said Tim Lucas, general manager of Three Creeks Media. Continue Reading New YouTube Channel ‘Under 30 Homebuyer’ Focuses on Young First-Time Buyers
Mortgage Rates Inch Up for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5. Continue Reading Mortgage Rates Inch Up for Third Straight Week
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Pennsylvania Home Sales Up 10% Year-Over-Year
The median home price continued to hold steady at $299,900. Continue Reading Pennsylvania Home Sales Up 10% Year-Over-Year
Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
Zillow: Most Buyers Consider Climate Risks When Buying a Home
Climate risk is a greater concern among millennials (86%) and lower among baby boomers (70%). Continue Reading Zillow: Most Buyers Consider Climate Risks When Buying a Home
Hits and Misses for the Real Estate Week of Aug. 28 to Sept. 1
The Department of Justice wants to know if Elon Musk is building a glass house for himself. Continue Reading Hits and Misses for the Real Estate Week of Aug. 28 to Sept. 1
Listing Price Cut on Beverly Hills Mansion with Celebrity History
The estate was first occupied by Bert Lahr, the Cowardly Lion of “The Wizard of Oz.” Continue Reading Listing Price Cut on Beverly Hills Mansion with Celebrity History
HUD Allocates $24 Million for Fair Housing Initiatives
HUD also extended financial support to the Disability Law Center. Continue Reading HUD Allocates $24 Million for Fair Housing Initiatives
Unsolicited Property Purchase Offers in Fire-Damaged Maui Under Investigation
Those found guilty of violating the governor’s emergency order could face up to one year in prison and a $5,000 fine. Continue Reading Unsolicited Property Purchase Offers in Fire-Damaged Maui Under Investigation
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
“The national mortgage delinquency rate remained at a historic low in June,” said Molly Boesel, principal economist for CoreLogic. Continue Reading Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
Mortgage Rates Drop, But Still Above 7%
“Recent volatility makes it difficult to forecast where rates will go next,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Still Above 7%
Elon Musk Under Federal Probes for Allegedly Using Tesla Funds to Build a Glass House
Musk responded, “I’m not building a house of any kind, let alone a glass one!” Continue Reading Elon Musk Under Federal Probes for Allegedly Using Tesla Funds to Build a Glass House
Tracy Kasper Named NAR President, Ensures a ‘Welcoming, Safe and Respectful Workplace’
“Our commitment to our staff and our members is unwavering,” she said. Continue Reading Tracy Kasper Named NAR President, Ensures a ‘Welcoming, Safe and Respectful Workplace’
Core Specialty Insurance Holdings Enters the Mortgage Reinsurance Market
The company will provide excess of loss reinsurance on selected Freddie Mac and Fannie Mae mortgages. Continue Reading Core Specialty Insurance Holdings Enters the Mortgage Reinsurance Market
