U.S. Housing Market
Existing Home Sales Inched Up 0.5% in November
The median existing home price in November was $409,200 for all housing types, up 1.2% from one year ago ($404,400). Continue Reading Existing Home Sales Inched Up 0.5% in November
Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Lennar Debuts New San Diego-Area Master-Planned Community
Pricing at the community starts in the mid-$900,000s. Continue Reading Lennar Debuts New San Diego-Area Master-Planned Community
Hits and Misses for the Real Estate Week of Aug. 18-22
Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. Continue Reading Hits and Misses for the Real Estate Week of Aug. 18-22
Virginia Home Sales Up 2.4%
The statewide median sales price in July was $435,000, a $9,000 increase for a 2.1% year-over-year bump-up. Continue Reading Virginia Home Sales Up 2.4%
Proptech Startup Propertymate Raises $5.5M in Seed Funding
The new infusion of funds will enable the company to rebrand as NewHomesMate. Continue Reading Proptech Startup Propertymate Raises $5.5M in Seed Funding
Mortgage Application Activity Records an Uptick
“The average loan size on a purchase loan decreased for the third straight week,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Records an Uptick
Mortgage Credit Availability Tightens Again
“Mortgage credit availability decreased for the third consecutive month,” lamented MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Tightens Again
Hollywood Super-Agent Cindy Ambuehl Joins AKG | Christie’s International Real Estate
Ambuehl sells between $200 million and $300 million annually. Continue Reading Hollywood Super-Agent Cindy Ambuehl Joins AKG | Christie’s International Real Estate
Massachusetts Debuts Green Bank Aimed at Affordable Housing
This new endeavor is financed with $50 million from the state’s Department of Environmental Protection. Continue Reading Massachusetts Debuts Green Bank Aimed at Affordable Housing
Coalition Seeks to Turn NYC Psychiatric Hospital into Affordable Housing
New York Gov. Kathy Hochul has not publicly embraced the proposal. Continue Reading Coalition Seeks to Turn NYC Psychiatric Hospital into Affordable Housing
Guild Mortgage Debuts 1% Down Payment Advantage Program
Homebuyers can purchase a home with a minimal down payment of only 1% of the purchase price. Continue Reading Guild Mortgage Debuts 1% Down Payment Advantage Program
Miles Teller Lists His Studio City Home for $5.7 Million
Teller purchased the property when it was constructed for $3 million. Continue Reading Miles Teller Lists His Studio City Home for $5.7 Million
Walt Disney’s Former LA Home Available as $40K per Month Rental
The filmmaker used his private screening room to review his classic productions. Continue Reading Walt Disney’s Former LA Home Available as $40K per Month Rental
House Members Introduce Bill to Spark Affordable Homeownership Opportunities
The credits can only be claimed for homes developed or rehabilitated in eligible low-income communities. Continue Reading House Members Introduce Bill to Spark Affordable Homeownership Opportunities
