U.S. Housing Market
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
Trump Suggests He is Opposed to Lowering Home Prices
“Now if I want to really crush the housing market, I could do that so fast and people could buy houses,” he said. Continue Reading Trump Suggests He is Opposed to Lowering Home Prices
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees
Thompson stressed that “updated and improved pricing framework makes homeownership more attainable for creditworthy first-time homebuyers, which strengthens communities.” Continue Reading FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees
The Most Affordable City for Homeownership Is…
Honolulu had the lowest median real estate tax rate while Waterbury, Connecticut, had the highest. Continue Reading The Most Affordable City for Homeownership Is…
China is Top Country with Buyers Searching for Miami Real Estate
Closer to home, Texas led the states searching MiamiRealtors.com for property. Continue Reading China is Top Country with Buyers Searching for Miami Real Estate
More New Single-Family Homes Being Sold, But They Are Also Smaller
The median single-family square floor area registered at 2,261 square feet. Continue Reading More New Single-Family Homes Being Sold, But They Are Also Smaller
A Phil Hall Op-Ed: The Disney Real Estate Dead Pool
So, if death really comes in threes, what is the next Disney property to disappear? Continue Reading A Phil Hall Op-Ed: The Disney Real Estate Dead Pool
MBA’s Broeksmit on New Regulatory Proposals: ‘This Looks Like a Power Grab’
“It looks like a clear-cut attempt to punish an industry that some policymakers seem to personally dislike or distrust,” Broeksmit said. Continue Reading MBA’s Broeksmit on New Regulatory Proposals: ‘This Looks Like a Power Grab’
There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent
In Detroit, the typical home is 24% less expensive to buy than rent. Continue Reading There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent
Rocket Mortgage Unveils 1% Down Payment Program
The company added that the program eliminates the need for the mortgage insurance fee. Continue Reading Rocket Mortgage Unveils 1% Down Payment Program
Hits and Misses for the Real Estate Week of May 15-19
Beyonce and Jay Z, Disney and Ron DeSantis, and SeaWorld San Diego are in the spotlight. Continue Reading Hits and Misses for the Real Estate Week of May 15-19
Mortgage Applications on New Home Purchases Up 4.1%
“This was the third straight month of year-over-year growth in applications,” said MBA’s Joel Kan. Continue Reading Mortgage Applications on New Home Purchases Up 4.1%
