U.S. Housing Market
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Vermont Credit Union Debuts Islamic Home Financing Program
NorthCountry Federal Credit Union serves 75,000 accountholders primarily throughout Vermont, New York and New Hampshire. Continue Reading Vermont Credit Union Debuts Islamic Home Financing Program
Hits and Misses for the Real Estate Week of Feb. 9-13
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. Continue Reading Hits and Misses for the Real Estate Week of Feb. 9-13
Massachusetts to Study Building Code Change to Enable More Housing Construction
The advisory group will include fire and public safety services professionals, building officials, architectural experts, and accessibility advocates. Continue Reading Massachusetts to Study Building Code Change to Enable More Housing Construction
Las Vegas Housing Inventory Up 31% from Last Year
The typical Las Vegas home sold for $445,000 last month, down 1% from July 2024. Continue Reading Las Vegas Housing Inventory Up 31% from Last Year
Senate Democrats Urge FHFA’s Pulte to Focus on Lowering Housing Costs
“You could demonstrate an actual commitment to improving the everyday lives of the American people,” the senators said. Continue Reading Senate Democrats Urge FHFA’s Pulte to Focus on Lowering Housing Costs
Mortgage Originations Up 19% During Q2
A total of 689,217 refinance loans were issued in the second quarter, up 16.4% from the prior quarter. Continue Reading Mortgage Originations Up 19% During Q2
Connecticut Estate Once Owned by Mike Tyson and 50 Cent Listed for $9.9 Million
The 17.6-acre property features a 51,000-square-foot home with 19 bedrooms. Continue Reading Connecticut Estate Once Owned by Mike Tyson and 50 Cent Listed for $9.9 Million
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
The 15-year fixed-rate mortgage averaged 5.69%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
Pending Home Sales Down 0.4% in July
NAR added that its Realtors Confidence Index survey in July found 16% of its members expecting an increase in buyer traffic over the next three months. Continue Reading Pending Home Sales Down 0.4% in July
Equity Union Real Estate Begins Sales at Luxury LA Condo Complex
Pricing ranges from $975,000 to $2.8 million. Continue Reading Equity Union Real Estate Begins Sales at Luxury LA Condo Complex
Gov. DeSantis Pledges to Slash or Eliminate Florida’s Property Taxes
“I think that property taxes have pinched a lot of people, and I think we got to do something about it,” DeSantis said. Continue Reading Gov. DeSantis Pledges to Slash or Eliminate Florida’s Property Taxes
Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Nearly two-thirds (62%) of those potential Canadian sellers blamed Trump administration trade policies with Canada as the reason for their departure. Continue Reading Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
By the end of July, the total number of home sellers was 1.95 million, down from a peak of 1.96 million in May. Continue Reading Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
