U.S. Housing Market
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
REMAX: December Home Sales Up 14.9%
“For buyers, easing rates and more options created opportunities that didn’t exist a year ago,” said REMAX CEO Erik Carlson. Continue Reading REMAX: December Home Sales Up 14.9%
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
During July, homes marketed as fixer-uppers came with a median list price tag of just $200,000, which is 54% below the $436,250 median for all single-family homes. Continue Reading Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
The plaintiff, who was not publicly identified, is seeking class-action status for the lawsuit that will include financial compensation of up to $25,000 a person. Continue Reading Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
Mortgage Rates Go Up, Up and Away
The national median mortgage payment during April was $2,112, an 11.8% spike from $1,889 in April 2022. Continue Reading Mortgage Rates Go Up, Up and Away
Number of Vacant Homes in Foreclosure Up for Fifth Straight Quarter
Among the pre-foreclosure properties, 8,752 sit vacant as zombie foreclosures. Continue Reading Number of Vacant Homes in Foreclosure Up for Fifth Straight Quarter
Pending Home Sales Remained Stagnant in April
“Not all buying interests are being completed due to limited inventory,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Remained Stagnant in April
Mortgage Delinquency Rate Crashes to a New Low
No state posted an annual increase in overall delinquency rates in March. Continue Reading Mortgage Delinquency Rate Crashes to a New Low
More Than 2 in 5 Home Sellers Are Making Concessions to Buyers
Just over one in seven home sellers dropped their asking price in addition to providing a concession. Continue Reading More Than 2 in 5 Home Sellers Are Making Concessions to Buyers
Property Flipping, NYC-Style: Luxury Condo Poised to Sell at $75M
The 6,000-square-foot unit was acquired in 2020 by a Delaware-based LLC for $54 million. Continue Reading Property Flipping, NYC-Style: Luxury Condo Poised to Sell at $75M
DCHFA Unveils Investor Relations Website
The new DCHFABonds.com site will provide data and documents to investors about its bond programs. Continue Reading DCHFA Unveils Investor Relations Website
Mortgage Application Activity Sinks Amid Economic Tumult
“We have yet to see sustained growth in purchase applications,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks Amid Economic Tumult
Mortgage Delinquency Rate Bounced Up in April
Foreclosure starts dropped by 23% to 25,000, the lowest since September 2022. Continue Reading Mortgage Delinquency Rate Bounced Up in April
The Property Market with the Highest Level of Natural Disaster Risks Is…
CoreLogic’s latest Climate Risk Analytics report determined the impact of natural hazards and climate risks on properties. Continue Reading The Property Market with the Highest Level of Natural Disaster Risks Is…












