U.S. Housing Market
Mortgage Application Activity Records Slight Uptick
The FHA share of total applications decreased to 16.9% from 17.9% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
421-Unit Multifamily Community in NYC Suburb Sold to US-Japan Joint Venture for $237 Million
The Westchester County-based Carraway was completed in 2021 and features a mix of studio, one-bedroom and two-bedroom residences. Continue Reading 421-Unit Multifamily Community in NYC Suburb Sold to US-Japan Joint Venture for $237 Million
National Median Asking Rent Down for 34th Straight Month
Las Vegas led the nation as the metro with the greatest level of renter loyalty. Continue Reading National Median Asking Rent Down for 34th Straight Month
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
“Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn’t been solved,” said Kara Ng, senior economist at Zillow. Continue Reading Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
The plaintiffs are asking the court to affirm their constitutional rights are being violated and grant them the order to proceed with their planned demolition. Continue Reading Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
The trade groups called for “responsibly reducing mortgage insurance premiums.” Continue Reading Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
New Foundations DPA provides 3.5% down payment assistance on the purchase price of a single- or double-wide manufactured home on a permanent foundation. Continue Reading Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
All rewards are issued in MegPrime tokens and may be converted to US dollars through the MegPrime app. Continue Reading MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
New Study Names Salt Lake City as the Most Neighborly US City
Redfin diplomatically refrained from pointing fingers at the least neighborly city. Continue Reading New Study Names Salt Lake City as the Most Neighborly US City
Mill Creek Residential Expands into Colorado with Build-to-Rent Community
The community will feature 162 two-, three- and four-bedroom townhomes with an average size of 1,727 square feet. Continue Reading Mill Creek Residential Expands into Colorado with Build-to-Rent Community
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Half of US Households Experienced Home Insurance Rate Increases
Among the states, Florida carries the highest home insurance average at $7,136. Continue Reading Half of US Households Experienced Home Insurance Rate Increases













