U.S. Housing Market
Toll Brothers Begins Home Sales at New Jacksonville Community
Homes are priced from the mid-$500,000s. Continue Reading Toll Brothers Begins Home Sales at New Jacksonville Community
Hits and Misses for the Real Estate Week of Jan. 12-16
Jerome Powell drops a bombshell, a new movie celebrates a pioneering banker, and the Washington Commanders debut their new stadium’s design. Continue Reading Hits and Misses for the Real Estate Week of Jan. 12-16
Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
The average loan size for new homes increased from $372,745 in July to $374,288 in August. Continue Reading Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
Builder Confidence Holds Steady
“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Mortgage Rates Take a Drop
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. Continue Reading Mortgage Rates Take a Drop
Active Home Listings 50.5% Below Pre-Pandemic Levels
Last month, the national median list price was $430,000 in April, up from $424,000 in March. Continue Reading Active Home Listings 50.5% Below Pre-Pandemic Levels
Home Equity Ticks Downward for Second Straight Month
ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. Continue Reading Home Equity Ticks Downward for Second Straight Month
NYC Rent-Stabilized Units Facing Hikes Up to 7%
“A 7% rent increase is clearly beyond what renters can afford,” said Mayor Eric Adams. Continue Reading NYC Rent-Stabilized Units Facing Hikes Up to 7%
Mat Ishbia Disses Dan Gilbert – The Feud Continues
Two highly competitive Michigan titans of mortgage banking who also happen to own rival professional basketball teams have zero fondness for each other – and one of the duo just took a smack at the other today in a sports podcast. Mat Ishbia does double duty is...
Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Nearly two-thirds of real estate brokers and agents said promoting energy efficiency in listings is either very or somewhat valuable. Continue Reading Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Mortgage Application Activity Drops Amid Jumbo Mortgage Jitters
“The jumbo-conforming spread continues to narrow,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Drops Amid Jumbo Mortgage Jitters
Zillow Debuts ChatGPT Plugin
The Zillow ChatGPT plugin is currently in its alpha phase. Continue Reading Zillow Debuts ChatGPT Plugin
Annual Home Price Growth at Lowest Rate in Over a Decade
The states with the greatest annual loses were Washington (-7.4%), Idaho (-3.6%) and Nevada (-3.5%). Continue Reading Annual Home Price Growth at Lowest Rate in Over a Decade
planetRE Unveils Aelo.Ai virtual staging platform
According to the company, Aelo.Ai can generate images within seconds. Continue Reading planetRE Unveils Aelo.Ai virtual staging platform














