U.S. Housing Market
‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
The mansion is not in Bel-Air – it is located in Brentwood. Continue Reading ‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Programs offer forgivable grants to homebuyers earning up to 80% of the area median income. Continue Reading Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Kentucky Home Sales and Prices in August Decline
The total sales volume of $1.46 billion was down 6.95% month-over-month and up 8.6% year-over-year. Continue Reading Kentucky Home Sales and Prices in August Decline
The Most Expensive College Town Is…
At the far end of the spectrum, the least expensive college town is Dayton, Ohio. Continue Reading The Most Expensive College Town Is…
Nebraska Gov. Pillen Announces $20 Million in Property Tax Relief
“As governor, fixing our broken property tax system is my top priority,” said Pillen. Continue Reading Nebraska Gov. Pillen Announces $20 Million in Property Tax Relief
Maricopa County Ranks Highest in List of Top Second Home Markets
Arizona’s Maricopa County took the number one ranking in the newly published list of top U.S. markets for luxury second homes published by the real estate marketplace Pacaso. “The county's vibrant desert cities of Phoenix and Scottsdale offer world-class golf,...
NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
“Home price increases are naturally good for homeowners,” stated Yun. Continue Reading NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
California County Beset by Fraudulent Real Estate Sales
The fraudsters identify vacant or lien-free properties and attempt to negotiate their sale. Continue Reading California County Beset by Fraudulent Real Estate Sales
Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
“We’re seeing relatively strong conditions in the rental market, both in multifamily rentals as well as the build for rent single-family homes,” said Mangold. Continue Reading Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
Mortgage Credit Availability at 10-Year Low
“Government credit supply decreased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at 10-Year Low
Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
The $371,200 national median single-family existing-home price was down by a scant 0.2% from one year earlier. Continue Reading Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
The inaugural Tech Equity Hackathon will be held June 16–18 at American University in Washington, D.C. Continue Reading Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
America First Credit Union Taps FirstClose for Home Equity Solution
The Utah-based America First is the nation’s fifth largest credit union in terms of membership. Continue Reading America First Credit Union Taps FirstClose for Home Equity Solution
Newark Program Sells City-Seized Properties for as Little as One Dollar
Buyers are limited to one property each under the program, which is administered by the nonprofit Neighborhood Assistance Corporation of America. Continue Reading Newark Program Sells City-Seized Properties for as Little as One Dollar
Black Knight: Lock Volumes Down 22%
“Despite the fact that mortgage rates on average were lower in April, rate lock volumes took a hit,” said Andy Walden, vice president of enterprise research and strategy at Black Knight. Continue Reading Black Knight: Lock Volumes Down 22%
