U.S. Housing Market
Modular Housing Provider Boxabl Receives Purchase Agreement for New Texas Community
This is the first announced purchase agreement for Boxabl’s recently launched Phase 2 product platform. Continue Reading Modular Housing Provider Boxabl Receives Purchase Agreement for New Texas Community
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.48% as of June 4, down from last week when it averaged 6.53%. Continue Reading Mortgage Rates Down Slightly
Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold
The housing bill is one of several contentious pieces of legislation being left unresolved by the Senate. Continue Reading Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold
Property Tax Measure Added to North Carolina’s November Ballot
All 30 Republicans in the Senate plus a single Democrat voted in favor of the resolution. Continue Reading Property Tax Measure Added to North Carolina’s November Ballot
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Median home sale prices have jumped nearly 19% since the start of the year. Continue Reading Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital. Continue Reading 169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
Deltec Homes Debuts New Line of Affordable Dwelling Units
“These new cottages are our most cost-effective models to date,” said Meg Gore, CEO of Deltec Homes. Continue Reading Deltec Homes Debuts New Line of Affordable Dwelling Units
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
“He’s the best,” the FHFA director cheered. Continue Reading FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
‘Heated Rivalry’ Cottage Going on Airbnb, ‘Breaking Bad’ House Sold to Streamer Adin Ross
Oddly, the Airbnb listing doesn’t identify the property as being featured in “Heated Rivalry.” Continue Reading ‘Heated Rivalry’ Cottage Going on Airbnb, ‘Breaking Bad’ House Sold to Streamer Adin Ross
Rocket Companies and Compass Announce 3-Year Strategic Alliance
“When barriers are removed and supply grows, affordability improves,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies and Compass Announce 3-Year Strategic Alliance
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
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