U.S. Housing Market
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
FHA Increases Threshold on Multifamily Large Loans
This marked the first increase in the multifamily loan threshold since 2014. Continue Reading FHA Increases Threshold on Multifamily Large Loans
eXp Realty Debuts Program to Encourage Independent Teams to Join Its Network
“We’re laser-focused on attracting and retaining the best agents in the business,” said Glenn Sanford, founder and CEO of eXp Realty. Continue Reading eXp Realty Debuts Program to Encourage Independent Teams to Join Its Network
Pending Home Sales Sink in May
“The housing market is resilient with approximately three offers for each listing,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Sink in May
One-Quarter of Homebuyers Looking to Move to Another Metro Area
Phoenix, Las Vegas and several Florida metros are the most popular destinations. Continue Reading One-Quarter of Homebuyers Looking to Move to Another Metro Area
Mortgage Application Activity Continues to Rise
“The spread between the jumbo and conforming rates widened to 16 basis point,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Continues to Rise
Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes
79% of the survey’s respondents said their snooping left them feeling stressed, concerned or upset. Continue Reading Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes
Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round
“As descendants of Latin American immigrants, my co-founders and I are building the company our parents needed,” said Luciano Arango, CEO and co-founder of Maza. Continue Reading Maza, a Platform for Immigrants Aimed at Homeownership, Announces $8 Million Seed Round
What Impact Does a Rainbow Flag Have on Homebuyers?
Nearly half of the survey respondents said seeing a Confederate flag in a neighborhood would make them less likely to make an offer on a home in that community. Continue Reading What Impact Does a Rainbow Flag Have on Homebuyers?
Bay Area Cabin Where Charles M. Schulz Drew ‘Peanuts’ Listed at $4 Million
The California cabin that was once the home and studio of “Peanuts” cartoonist Charles M. Schulz has been listed for sale at $4 million. Located in the Bay Area city of Sebastopol, the residence has one bedroom, one-and-a-half bathrooms and a two-car garage. The...
Home Sales Up While Prices Decline
Craig J. Lazzara at S&P Dow Jones Indices said the housing market “continued to strengthen in April 2023.” Continue Reading Home Sales Up While Prices Decline
Recent Posts
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- New Data Reports Highlight Continued Home Price Acceleration
- California Gov. Newsom Lists Sacramento-Area Mansion for $7.5 Million
