U.S. Housing Market
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. Continue Reading Hits and Misses for the Real Estate Week of April 13-17
Florida Home Sales Continue to Rise
The statewide median sales price for single-family existing homes in March was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Continue to Rise
Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pricing
“An 88% operating margin and a compound annual growth rate of 100% in per-score pricing over five years are not hallmarks of a competitive market,” the senator said. Continue Reading Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pricing
Mortgage Application Activity Drops by 10.5%
The FHA share of total applications increased to 19.7% from 19.4% the week prior. Continue Reading Mortgage Application Activity Drops by 10.5%
Illinois Home Prices Rise While Sales Decline
February’s median price of $295,000 was 3.9% more than the $284,000 price recorded one year before. Continue Reading Illinois Home Prices Rise While Sales Decline
Robinhood Teams with Sage Home Loans on New Mortgage Offer
The new offer was first piloted during the summer to a small group of Robinhood Gold subscribers. Continue Reading Robinhood Teams with Sage Home Loans on New Mortgage Offer
Treasury Secretary Bessent Blames Fed for ‘Housing Recession’
“If the Fed brings down mortgage rates, they can end this housing recession,” said Bessent. Continue Reading Treasury Secretary Bessent Blames Fed for ‘Housing Recession’
Bilt Adds Venmo for Housing Payment Options
Bilt will add Venmo to its existing payment options of ACH, debit, and any linked credit card. Continue Reading Bilt Adds Venmo for Housing Payment Options
Hits and Misses for the Real Estate Week of Oct. 27-31
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. Continue Reading Hits and Misses for the Real Estate Week of Oct. 27-31
Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
This is the lowest turnover rate in at least 30 years. Continue Reading Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
Luxury Home Sales Up 5% in September
The only two metros where prices dropped were Tampa, Florida (-3.3% to $1.45 million) and Oakland, California (-2.2% to $2.9 million). Continue Reading Luxury Home Sales Up 5% in September
Illinois Home Sales Up 4.6% Year-Over-Year
The monthly median price of $301,000 in September was 3.8% higher than $290,000 from one year before. Continue Reading Illinois Home Sales Up 4.6% Year-Over-Year
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Roll out is slated over the next few weeks. Continue Reading Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Mortgage Rates Drop for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30. Continue Reading Mortgage Rates Drop for Fourth Straight Week
National Vacancy and Zombie Foreclosure Rates Decline
The number of zombie properties rose quarter-over-quarter in 21 states and the District of Columbia. Continue Reading National Vacancy and Zombie Foreclosure Rates Decline
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