U.S. Housing Market
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
Hits and Misses for the Real Estate Week of Sept. 15-18
Curious new legislation to encourage affordable housing, Treasury Secretary Bessent’s unlikely sense of humor, and Robert Redford’s impact on Utah real estate. Continue Reading Hits and Misses for the Real Estate Week of Sept. 15-18
Report: Colorado’s Housing Shortfall is Narrowing
To prevent the shortfall from growing, the report recommended the creation of approximately 34,100 new homes per year over the next decade. Continue Reading Report: Colorado’s Housing Shortfall is Narrowing
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
The survey polled 1,276 responses from Hispanic professionals in the real estate industry in 39 states, including Puerto Rico. Continue Reading Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
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
Rhode Island Has 10 Realtors for Every Home for Sale
Non-residents accounted for 23.7% of Rhode Island’s residential home sales in the first quarter. Continue Reading Rhode Island Has 10 Realtors for Every Home for Sale
Billy Joel Lists Long Island Mansion for $49 Million
The property includes a helipad and inground pool. Continue Reading Billy Joel Lists Long Island Mansion for $49 Million
