U.S. Housing Market
America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk
No one can pinpoint the exact scale of the U.S. housing shortage, yet the consequences are already shaping affordability, mobility, and economic growth. Continue Reading America’s Housing Shortage Isn’t Just Large — It’s Uncertain, And That May Be the Bigger Risk
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
FCP has retained Greystar to manage the property. Continue Reading FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Gov. Ned Lamont has yet to comment on the GOP proposal. Continue Reading Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Report: 15% of Home Purchase Agreements Canceled in September
San Francisco, New York’s Nassau County (Long Island) and San Jose had the lowest shares of contract cancellations in September, under 7% each. Continue Reading Report: 15% of Home Purchase Agreements Canceled in September
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Q2 Investor Home Purchases Down 45% from One Year Earlier
In terms of market share, investors bought 15.6% of homes that were sold in the second quarter, down from 19.7% from one year ago. Continue Reading Q2 Investor Home Purchases Down 45% from One Year Earlier
Jason Kopcak Resigns as AAMC’s CEO
AAMC reported a second quarter net loss of $3.8 million earlier this month. Continue Reading Jason Kopcak Resigns as AAMC’s CEO
Backflip Debuts AI-Enabled My Leads for Property Investors
Backflip said beta testers for My Leads are experiencing 10 hours or more time savings per week. Continue Reading Backflip Debuts AI-Enabled My Leads for Property Investors
Aspen Property Seeks to Break Sales Record with $105 Million Listing
This would be the first Colorado home sale over the $100 million level. Continue Reading Aspen Property Seeks to Break Sales Record with $105 Million Listing
Pending Home Sales Inched Up in July
“Rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Inched Up in July
Mortgage Application Activity Up for First Time in Five Weeks
The refinance share of mortgage activity increased to 30.1% of total applications from 29.5% the previous week. Continue Reading Mortgage Application Activity Up for First Time in Five Weeks
Home Prices Continue to Remain Elevated
Prices rose in 42 states between the second quarters of 2022 and 2023. Continue Reading Home Prices Continue to Remain Elevated
FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings
Roomster was accused of failing to verify apartments submitted to its website, posting nonexistent apartment listings, and scamming consumers with fake positive reviews. Continue Reading FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings
HGTV Smart Home 2023 Sweepstakes Winner is Named
“I was in shock. I still am,” said Stacey Braswell. “You never think it’s going to be you.” Continue Reading HGTV Smart Home 2023 Sweepstakes Winner is Named
Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division
Integro Bank is a single-branch community bank with $42.6 million in assets. Continue Reading Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division
