U.S. Housing Market
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
HUD Investigates Affordable Housing Discrimination Against Whites in Boston
“As you are aware, the Trump administration is dedicated to protecting the civil rights of all Americans,” said HUD’s Craig Trainor in his letter. Continue Reading HUD Investigates Affordable Housing Discrimination Against Whites in Boston
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
New Haven and Waterbury are fighting blight in their neighborhoods. Continue Reading Connecticut Cities Increase Fines Against Landlords with Blighted Properties
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
West purchased the property in 2021 for $57 million but left unfinished after a highly publicized but ill-fated renovation project. Continue Reading Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
Guest Opinion: The Realtors’ View of the Current Mortgage Market
The 2023 NAR president offers his association’s view on how Congress can upgrade today’s mortgage policy environment. Continue Reading Guest Opinion: The Realtors’ View of the Current Mortgage Market
Single-Family Housing Starts Up in April
Single‐family housing completions in April were at a rate of 971,000, which is 6.5% below the revised March rate of 1.03 million. Continue Reading Single-Family Housing Starts Up in April
Equifax Debuts Employment Verification Tool for Mortgage Originators
“It’s critical for lenders to have access to timely verification data at each stage of the mortgage process,” said Equifax’s Ashley Wood, Continue Reading Equifax Debuts Employment Verification Tool for Mortgage Originators
Fintech QuentmRE partners with evNation on green energy installation financing
evNation’s co-founder Neil Okun called this a “much-needed alternative financing option.” Continue Reading Fintech QuentmRE partners with evNation on green energy installation financing
Person of the Week: Jonas Bordo, CEO of Dwellsy
Bordo co-authored the upcoming book “Everything You Need to Know About Renting But Didn’t Know to Ask: All the Insider Dirt to Help You Get the Best Deal and Avoid Disaster.” Continue Reading Person of the Week: Jonas Bordo, CEO of Dwellsy
Builders Express Renewed Confidence in Housing Market
“Lack of existing inventory continues to drive buyers to new construction,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Express Renewed Confidence in Housing Market
MBA: Number of Loans in Forbearance Continue to Decline
The trade group’s latest Loan Monitoring Survey estimated 255,000 homeowners are currently in forbearance plans. Continue Reading MBA: Number of Loans in Forbearance Continue to Decline
28,000 Minnesota Real Estate Agents Complete Training on Reducing Racial Bias in Homebuying
The new two-year program “The History of Diversity in Homeownership” is a mandatory requirement for license renewals. Continue Reading 28,000 Minnesota Real Estate Agents Complete Training on Reducing Racial Bias in Homebuying
Frank Lloyd Wright-Designed Home in Tulsa Listed for $7.9 Million
The property last changed hands in 2021 for $2.5 million. Continue Reading Frank Lloyd Wright-Designed Home in Tulsa Listed for $7.9 Million
Q1 Household Debt Tops the $17 Trillion Level
Mortgage originations (including refinances), dropped in the first quarter to $324 billion, the lowest level seen since 2014. Continue Reading Q1 Household Debt Tops the $17 Trillion Level
