U.S. Housing Market
Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
The town of Wellesley, with a population of roughly 30,000, is arguing the 5-acre parking lot at MassBay Community College does not qualify for conversion into housing. Continue Reading Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
Indiana Tops the Realtor.com Affordability & Homebuilding Report Card Rankings
New York, Massachusetts, Rhode Island, Hawaii, Connecticut and California all carried F grades for the second consecutive year. Continue Reading Indiana Tops the Realtor.com Affordability & Homebuilding Report Card Rankings
Mortgage Application Activity Up, Mortgage Credit Availability Down
The FHA share of total applications inched up to 17.9% from 17.7% the week prior. Continue Reading Mortgage Application Activity Up, Mortgage Credit Availability Down
Douglas Elliman Expands Mortgage Platform to California
The platform’s products include conventional and jumbo loans, construction financing, commercial lending, bridge loans, FHA and VA loans. Continue Reading Douglas Elliman Expands Mortgage Platform to California
Mid-Atlantic Home Sales Activity Rises in April
“While the spring housing market got off to a slow start, both buyers and sellers were much more eager in April,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Activity Rises in April
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. Continue Reading Hits and Misses for the Real Estate Week of Oct. 6-10
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
Q3 Foreclosure Filings Up 17% Year-Over-Year
One in every 1,402 housing units had a foreclosure filing in the third quarter. Continue Reading Q3 Foreclosure Filings Up 17% Year-Over-Year
Report: Apartment Rents Down Slightly in September
All regions posted month-over-month rent declines in September, most notably in the West with a -0.5% tumble. Continue Reading Report: Apartment Rents Down Slightly in September
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
“This launch underscores our commitment to supporting the non-QM ecosystem,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. Continue Reading Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Toll Brothers Previews New Austin-Area Luxury Community
Homes are anticipated to be priced from $1 million. Continue Reading Toll Brothers Previews New Austin-Area Luxury Community













