U.S. Housing Market
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
Lennar Begins Home Sales at New Florida Community
The community includes a 55+ active adult section. Continue Reading Lennar Begins Home Sales at New Florida Community
Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Los Angeles Mayor Karen Bass issued a similar executive order. Continue Reading Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
The national median payment applied for by purchase applicants dropped to $2,172 from $2,211 in May. Continue Reading Mortgage Rates Dip, Homebuyer Affordability Up Slightly
GTIS Partners Debuts Build-to-Rent Community Development Subsidiary
Seven additional build-to-rent communities are now underway. Continue Reading GTIS Partners Debuts Build-to-Rent Community Development Subsidiary
US Ranks Among Third Lowest Countries for Homeowners Without Mortgages
Lithuania had the highest percentage of mortgage-free homeownership. Continue Reading US Ranks Among Third Lowest Countries for Homeowners Without Mortgages
A Phil Hall Op-Ed: Still Making the Same Mistakes
(This is the first weekly op-ed column from our new editor, longtime real estate and mortgage industry journalist Phil Hall.) A few years ago, I arrived home from work on a July evening and found a bright yellow square-shaped envelope in my mailbox. In handling the...
Early-Stage Homebuying Demand at Highest Level Since May
Pending sales fell 19% year-over-year in the four weeks ending March 26. Continue Reading Early-Stage Homebuying Demand at Highest Level Since May
HUD Awards $5.5 Million to HBCUs for Housing Research
“HBCUs create economic opportunity both for their students and throughout the communities they serve,” said HUD Secretary Marcia Fudge in a press statement. Continue Reading HUD Awards $5.5 Million to HBCUs for Housing Research
Realtors Say Home Staging Can Create Faster Sales with Bigger Returns
Four out of five buyers’ agents (81%) said staging a home made it easier for a buyer to visualize the property’s potential. Continue Reading Realtors Say Home Staging Can Create Faster Sales with Bigger Returns
GSEs Update Deferral Policies for Mortgage Payments
The GSEs’ payment deferral policies were expanded during the pandemic. Continue Reading GSEs Update Deferral Policies for Mortgage Payments
Virginia Resort Tops List of Best Places to Buy a Beach House
Rockaway Beach, Oregon, was the sole West Coast location in the top 10, placing ninth with a cap rate of 4.7%. Continue Reading Virginia Resort Tops List of Best Places to Buy a Beach House
Nearly 14% of Renters Are Behind on Rent Payments
More than half of renters across the U.S. saw their rent increase over the past 12 months. Continue Reading Nearly 14% of Renters Are Behind on Rent Payments
Home Price Gains Continue to Slow Down in 2023
S&P Dow Jones Indices released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2023 show that the trend of declining home price gains continued across the United States...
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