U.S. Housing Market
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
South Florida Real Estate Gets Increased Inquiries from China
“Asia represents the next major growth market for South Florida real estate,” Alfredo Pujol, chairman of the board of the Miami Association of Realtors. Continue Reading South Florida Real Estate Gets Increased Inquiries from China
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
Hits and Misses for the Real Estate Week of June 16-20
Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. Continue Reading Hits and Misses for the Real Estate Week of June 16-20
Pennsylvania’s Rising Home Sales Benefit from Increased Listings
The median sales price also climbed to $305,000 in May, up by 3% from the prior month and up 6% from one year earlier. Continue Reading Pennsylvania’s Rising Home Sales Benefit from Increased Listings
Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price
Redfin noted that homes are selling for below their asking price due to greater quantity of sellers than buyers Continue Reading Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price
2,500-Home Community Planned for Austin Suburb
Construction on phase one of the infrastructure is currently underway. Continue Reading 2,500-Home Community Planned for Austin Suburb
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
Kentucky Home Sales Rise Amid Wider Number of New Listings
The median sales price during the month was $279,000, up 6% month-over-month and up 3.4% year-over-year. Continue Reading Kentucky Home Sales Rise Amid Wider Number of New Listings
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
Mortgage Rates Trickle Lower
The 30-year fixed-rate mortgage averaged 6.81% as of June 18. Continue Reading Mortgage Rates Trickle Lower
Gen Z Accounts for 12% of VA Purchase Loan Market
Gen Z homebuyers using VA loans are most concentrated near large military communities like San Antonio, Virginia Beach, and Colorado Springs. Continue Reading Gen Z Accounts for 12% of VA Purchase Loan Market
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