U.S. Housing Market
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Survey: 1 in 5 Americans Have Lived in a Storage Unit
The survey also found that 84% of Americans would consider sleeping in a storage unit if they became homeless. Continue Reading Survey: 1 in 5 Americans Have Lived in a Storage Unit
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
“We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
The Housing Market Warms Up, but This Twist Could Plunge It Back Into a Freeze
Source: Realtor.com --- Is the housing market back? A surge in mortgage interest rates last year ground the real estate market to an abrupt halt, as scores of would-be buyers could no longer afford to purchase homes. But last month, as mortgage rates dipped and home...
US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Source: Insider --- US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases, according to real-estate veteran and board member of the Mortgage Bankers Association Jeff Taylor. "I anticipate on a national...
Rehab Warriors Is Upskilling Veterans Amid Fears of an Economic Downturn
Rehab Warriors, a workforce development model specializing in residential development, is working with veterans to jumpstart their careers to stave off an economic downturn through its workforce upskilling program. The start of 2023 saw more than 75,000...
US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Source: Business Insider --- US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases, according to real-estate veteran and board member of the Mortgage Bankers Association Jeff Taylor. "I anticipate on a...
Map: Here’s where home prices are dropping the most
Source: Yahoo! News --- Homebuyers are finally gaining leverage in the housing market, but where they can get the best discounts on home prices varies from metro to metro. Some of the most popular pandemic boomtowns such as Phoenix and Seattle, plus perennially...
Austin realtors push back on Central Texas real estate market ‘bust’
Source: MySA --- Those with vested interests in the Austin housing market have swapped emotional places over the last six months. Sellers and landlords, once jumping for joy at the leverage with which they could insist on all-cash offers right now, and, by the way,...
Here’s what’s happening with home prices as mortgage rates fall
Source: CNBC --- The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled from historic lows. Home prices, however, have been stickier. Prices began falling last June, but are still higher than they were a year ago. Now,...
Home prices are down — but not enough to ease affordability
Source: Bankrate --- Home prices are still high. But they’re not rising quite as much. Nearly 90 percent of the country’s metro areas saw single-family home prices rise in the fourth quarter of 2022, according to the newly released Metropolitan Median Home Prices and...
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone
Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly "singles tax" of nearly $7,000, according to an analysis by Zillow. While singles across the country pay a high price for a solo...
Alliance Bring $3.8M in Affordable Housing Funding to DC Suburb
Home buyers in search of affordable housing in the DC Metro may find more homes in their price range soon. The City of Falls Church has launched an Affordable Homeownership Program (CFCAHP), which will make $3.8 million available to support affordable homeownership....
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