U.S. Housing Market
There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
U.S. home prices rose 2.1% nationally, but some states gained more than 8% while others declined. The national housing headline is telling only part of the story. Continue Reading There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Non-QM lending is giving more borrowers a path to financing. That can be good for housing, but qualifying for a mortgage and being able to afford the home are two different things. Continue Reading More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Atlanta-Area Development Could Lose Proposed Rental Housing Unless It Snags an NHL Team
Atlanta has not had an NHL presence since 2011. Continue Reading Atlanta-Area Development Could Lose Proposed Rental Housing Unless It Snags an NHL Team
Mortgage Rates Record the Barest of Upticks
The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. Continue Reading Mortgage Rates Record the Barest of Upticks
We Made Mortgage Lending Safer. Did We Make It Too Safe?
Mortgage lending is safer than it has been in decades. But as credit standards remain tight and fewer moderate-credit borrowers obtain mortgages, John G. Stevens asks whether the industry has become too good at avoiding risk. Continue Reading We Made Mortgage Lending Safer. Did We Make It Too Safe?
Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Metro Areas
The national median asking rent for 0-2 bedroom properties across the 50 largest metros was $1,695 in July, down $24 or 1.4% from one year before. Continue Reading Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Metro Areas
Redfin Listings Now Include Local Childcare Information
The Winnie data is now available on Redfin’s desktop and mobile websites and will be available in the Redfin app in September. Continue Reading Redfin Listings Now Include Local Childcare Information
Builder Confidence Remains Low Amid Affordability Concerns
“Our latest builder survey continues to show signs of weakness in the home building market,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Remains Low Amid Affordability Concerns
Mark-Dana Corp. Opens New Affordable Multifamily Community in Houston
The five-story development, which is now 60% leased, offers 78 apartments for households earning between 30% and 80% of the Area Median Income. Continue Reading Mark-Dana Corp. Opens New Affordable Multifamily Community in Houston
Michael Rehaut Joins Melius Research as Managing Director and Head of Housing Research
Rehaut joins the firm from JPMorgan, where he spent the last 24 years as a senior analyst in the equity research department. Continue Reading Michael Rehaut Joins Melius Research as Managing Director and Head of Housing Research
Hits and Misses for the Real Estate Week of Aug. 10-14
Data centers are popping up in lower-income neighborhoods, fewer retail stores are shutting down, and British homebuyers are looking for air-conditioned residences. Continue Reading Hits and Misses for the Real Estate Week of Aug. 10-14
Seattle Bans Rental Housing Junk Fees
The Seattle Department of Construction and Inspections will be tasked with investigating rental agreement violations. Continue Reading Seattle Bans Rental Housing Junk Fees
REMAX and Golfweek Partner on Real Estate and Lifestyles Destination
The partnership is “powered by REMAX Golf Lifestyles and the Golfweek editorial team.” Continue Reading REMAX and Golfweek Partner on Real Estate and Lifestyles Destination
Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Last month’s issuance grew the agency’s MBS portfolio outstanding grew to $2.99 trillion. Continue Reading Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
Attorney General Todd Blanche declined to say if the Department of Justice was reviewing legal options to halt the tax from taking effect. Continue Reading Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
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