May 23, 2023
Number of Distressed Office Sales Increases
More office building owners are selling at sharply discounted prices. That suggests that they don’t expect to see an...
May 22, 2023
Fewer Listings, But Faster Home Sales
New listings of homes for sale dropped 19% year over year during the four weeks ending May 7, according to data from...
May 20, 2023
U.S. Metros Growing, Many Reversing 2021 Drops
ORLANDO, Fla. (AP) – The flight from urban areas that took place during the first year of the pandemic either reversed...
May 19, 2023
CRD Connect: Honoring Military Personnel And Their Real Estate Needs
Memorial Day is around the corner. While it’s the unofficial start to the summer season, it’s also a special time to...
May 18, 2023
Mortgage Application Activity In 6.3% Upswing
There was buoyant activity in the home loan market last week, according to data from the Mortgage Bankers Association...
May 17, 2023
When Can Recent Buyers Plan to Refinance?
New homeowners who “married the house but dated the rate” are tired of dating, and a surge of refinancing is expected if...
May 16, 2023
Tight Supply Fuels New-Home Demand
For today’s homebuyers, 1 out of 3 potential listings is new construction. Historically, new homes only make up 1 out of...
May 15, 2023
Mortgage Rates Inch Lower
The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) showed rates taking a slight drop from last...
May 13, 2023
Mortgage Delinquency Rate Drops to Historic Lows
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted...
May 11, 2023
Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
Sales prices on existing single-family homes during the first quarter were up in approximately 70% of major metro areas...
May 10, 2023
Nearly Half of Homes Sold Within Two Weeks of Being Listed
Nearly half of the homes that are being listed for sale are being snatched up almost immediately, according to new data...
May 9, 2023
Fannie’s Housing Confidence Index Hits 1-Year High
Attitudes rise and fall, but Fannie Mae’s April index saw a rise in all six sub-components. WASHINGTON – Fannie...
May 8, 2023
Active Home Listings 50.5% Below Pre-Pandemic Levels
Housing inventory levels remain stuck below pre-pandemic levels as fewer sellers are opting to list their homes and new...
May 6, 2023
Mortgage Rates Take a Drop
The 30-year fixed-rate mortgage averaged 6.39% of today, according to new data from Freddie Mac (OTCQB:FMCC). This rate...
May 5, 2023
Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Real estate brokers and agents have a message for home sellers: play up the energy efficiency aspects of your...
May 4, 2023
Annual Home Price Growth at Lowest Rate in Over a Decade
U.S. home price growth increased by 3.1% in March, according to new data from CoreLogic. While this represented the...
May 3, 2023
Report: Average Monthly Mortgage Payment is $2,317
The average payment on a new mortgage in the U.S. is currently at $2,317 a month, according to a new data...
May 2, 2023
Mortgage Delinquency Rate Remains Near Record Low
The U.S. mortgage delinquency rate stayed in the vicinity of its record low depth during February, according to new data...
May 1, 2023
Millennial Milestone: 50% Homeownership Rate
According to Apartment List’s latest report, the age group finally has a majority (51.5%) owning homes, though Gen X had...
April 29, 2023
MBA: Mortgage Applications Up 3.7%
More Americans were applying for mortgages last week, according to new data from the Mortgage Bankers Association...
April 28, 2023
Can Solar Tax Credits Help Make Housing More Affordable?
Solar energy has many benefits to offer a housing industry that is more invested in sustainability and cost savings for...
April 27, 2023
March New-Home Sales Jump 9.6%
Sales surpassed economists’ expectations. Builders say decreasing mortgage rates and the existing-home market’s lack of...
April 26, 2023
Case-Shiller: Home Prices Up in February
The latest data from S&P CoreLogic Case-Shiller Indices showed a modest increase in home prices nationwide during...
April 24, 2023
New Home Purchase Mortgage Applications Up, Forbearance Level Down
Two new data reports from the Mortgage Bankers Association (MBA) show a rise in new home purchase mortgage applications...
April 22, 2023
Middle-Income Homeowners Gained $122K in Wealth Over the Past Decade
Middle-income homeowners accumulated $122,100 in wealth as their homes appreciated by 68% over the last 10 years,...
April 21, 2023
Buying a Fixer-Upper? The 203(k) Program Can Help
A tight listing market pushes buyers to look at potential more than curb appeal, and HUD’s 203(k) program helps them...
April 20, 2023
Fannie Mae: Q1 Single-Family Home Prices Up 4.7%
Single-family home prices during the first quarter increased on a 4.7% year-over-year basis, down from the previous...
April 19, 2023
March Single-Family Starts Rise 0.8%
Within that overall number, single-family starts rose 2.7% and multifamily starts dropped 5.9%. Homebuilders see it as...
April 18, 2023
New Homes Now One-Third of Housing Inventory
Builder optimism rose again in April thanks largely to a tight inventory of existing homes, and the index components...
April 17, 2023
MBA: $816 Billion In Commercial Real Estate Mortgage Activity In 2022
Total commercial real estate mortgage borrowing and lending resulted in $816 billion in transactions last year,...
April 15, 2023
Some Home Features Help Sell Homes Faster
A study compared certain home features to all sales and found a quicker time to contract with some. A smart-doorbell...
April 14, 2023
Mortgage Application Activity Up 5.3%
Mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association...
April 13, 2023
Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings
Cleveland-headquartered KeyBank (NYSE: KEY) has debuted its Fair Housing Month poll, which surveyed 1,000 homeowners in...
April 12, 2023
Millennials Buy More Expensive Homes. Here’s Why
As millennials settle down and have children, they purchase homes that can accommodate growth. MIAMI – Millennials...
April 11, 2023
Work-from-Home People Younger, More Diverse
5.7% of the U.S. labor force worked at home in 2019 and 17.9% in 2021; for 25-34 year-olds, it was 16% to 23%. For real...
April 10, 2023
Why Does It Still Feel Like a Seller’s Market?
RE usually sees cycles between buyer’s and seller’s markets, but this time it’s a bit different. Supply vs. demand...
April 8, 2023
Wall Street Expects Robust 2023 New-Home Market
The stock for many major U.S. builders is up 20% so far as investors bank on it probably “crossing the valley from...
April 7, 2023
30-Year Mortgages Dip Again, Hit 6.28%
It’s the fourth week of declines. This week’s average 6.28% for a 30-year, fixed-rate mortgage dropped from last week’s...
April 6, 2023
5 Ways to Finance a Real Estate Investment
Banks are the tried-and-true method, but other sources for real estate investing include credit unions, microloans and...
April 5, 2023
Does a Seller Have an Assumable Mortgage?
Many FHA, VA and USDA loans are assumable, which could mean more money for sellers if they can offer financing that’s...
April 4, 2023
Homebuying Demand May Finally Be Turning A Corner
House hunters are wading into the market as mortgage rates and home prices continue to decline. Mortgage-purchase...
April 3, 2023
Why Would A House Not Get Any Offers In Today's Market?
There’s no doubt that today’s real estate market is…difficult. Homes are spending an outstanding 75 days on the...
April 1, 2023
Mortgage Rates Hit Lowest Level in 6 Weeks
At 6.32%, the average 30-year, fixed-rate mortgage declined from last week’s average 6.42% – a ray of hope for buyers...
March 31, 2023
NAR: Pending Sales Up for 3rd Straight Month
Pending sales – homes under contract but not yet sold – rose 0.8% month-to-month in Feb. with only the Western region...
March 30, 2023
The History Of The Mortgage Rate
Mortgage rates continue their upward trajectory as the Federal Reserve continues their pointed and aggressive...
March 29, 2023
Consumers Grew a Bit More Confident in March
The confidence index rose from 103.4 (Feb.) to 104.2, with future outlooks rosier than current ones. Many consumers plan...
March 28, 2023
7 Things First-Time Homebuyers Should Consider
In today’s market, things are a little intense for first-time home buyers. But just because house prices are...
March 27, 2023
Benefits of Investing In Real Estate
The benefits of investing in real estate include passive income, stable cash flow, tax advantages, diversification, and...
March 25, 2023
Home Flipping Remains Up In 2022 Across U.S. But Gross Profits Fall To Another Low
IRVINE, Calif. – March 23, 2023 —ATTOM, a leading curator of land, property, and real estate data, today released...
March 24, 2023
Mortgage Rates Drop Again to Average 6.42%
Last week, the average 30-year, fixed-rate mortgage averaged 6.6%. It’s the second weekly drop and a dash of hope for...
March 23, 2023
The Typical Down Payment Has Fallen 10% From A Year Ago As Housing Market Cools
The typical U.S. homebuyer made a $42,000 down payment in January, the lowest level in nearly two years, amid rising...
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