U.S. Housing Market
Mortgage Rates Drop to Lowest Level of 2025
The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31. Continue Reading Mortgage Rates Drop to Lowest Level of 2025
reAlpha Mortgage Launches Loan Officer Recruitment Program
“This program was built around what experienced originators consistently ask for: clarity, support, and fewer operational obstacles,” said CEO Jamie Cavanaugh. Continue Reading reAlpha Mortgage Launches Loan Officer Recruitment Program
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Connecticut Cities Increase Fines Against Landlords with Blighted Properties
New Haven and Waterbury are fighting blight in their neighborhoods. Continue Reading Connecticut Cities Increase Fines Against Landlords with Blighted Properties
Fewer people are taking out mortgages as interest rates increase
Source: Local News 8 --- Fewer people are taking out mortgages as interest rates increase Americans are taking out fewer mortgage loans as interest rates increase, a reflection of buyer uncertainty amid rising inflation, higher interest rates, and concerns about...
In this volatile housing market, here’s how to know when the bottom is in
Source: CNBC --- Chicago realtor Jeremy Fisher headed to Florida after Christmas counting on five mostly-relaxed weeks, after a slow second half of 2022 left him with a bunch of unsold listings exiting the year. Instead, the Compass broker ended up flying back to the...
Why the Fed Can Let the Housing Bust Rip: Mortgages, HELOCs, Delinquencies, Foreclosures, and Who’s on the Hook
Source: Wolf Street --- Mortgage balances ballooned because home prices ballooned in recent years, requiring more debt to finance the same home, and so mortgage balances in Q4 rose 2.2%, or by $253 billion, from the prior quarter, and by 9%, or by $1 trillion, from a...
In this volatile housing market, here’s how to know when the bottom is in
Source: CNBC --- Chicago realtor Jeremy Fisher headed to Florida after Christmas counting on five mostly-relaxed weeks, after a slow second half of 2022 left him with a bunch of unsold listings exiting the year. Instead, the Compass broker ended up flying back to the...
Newmark Joins Rival Colliers in Expecting Real Estate Sales Declines Until Second Half of 2023
Source: CoStar --- Newmark executives said they expect property sales and financing placements to decline further in the first half of 2023 after a slow end to last year. The New York-based firm, the second major brokerage to post quarterly financial results this...
Housing market stabilizes as new home construction adds to inventory
Source: Fort Worth Report --- Price increases abating? Home inventory up? It all sounds good to many Fort Worth area Realtors, who are ready for a more stable housing market. ““We just finished going through a crazy 18 months or so where we had less than three...
Gangster Moll’s Beverly Hills Mansion Listed for Sale
Is it easier to sell luxury homes if they were once homes to infamous residents? What if they were murdered there? One real estate broker in Beverly Hills is about to find out. The home in question was not actually owned by Gangster Benjamin “Bugsy” Siegel, but...
RE/MAX: Home Price Appreciation May Have Stabilized
According to a new real estate sales report from RE/MAX, this month's gain in new listings was higher than any month last year, with the biggest month-over-month increase in 2022 occurring in March with a gain of 27.7%. The number of homes for sale was 59.4% higher...
More Luxury Homes Under Construction in Florida
Lennar, one of the nation's leading homebuilders, has started home sales for a new luxury community in Miami. Homes in Centris – a WCI Community adjacent to the city of Pinecrest, Florida, will offer estate homes that range from 3,442 to 4,336 square feet with four to...
Companies Plan Metaverse RE Development Connected to Real Cities
News out of London is that Web developers are hoping to strike it rich in real estate by connecting properties developed in Metaverse with real world cities. nChain, a developer of Web3 and Blockchain technologies, has formed a strategic alliance with Transmira Inc....
Recent Posts
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