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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
  • [ December 20, 2024 ] Alabama Home Sales Up, Reversing Three-Month Decline Weely Real Estate News
  • [ December 20, 2024 ] New York State Housing Inventory at 8-Month Low Weely Real Estate News
Home2024March

Month: March 2024

Down Payment
Weely Real Estate News

Typical Homebuyer’s Down Payment Up 24% From a Year Ago

March 29, 2024 Mariel Alumit Comments Off on Typical Homebuyer’s Down Payment Up 24% From a Year Ago

The median down payment for U.S. homebuyers in February was $55,640, according to new data report from Redfin (NASDAQ: RDFN). This marks a 24.1% upswing from $44,850 one year earlier, which is the largest annual percentage increase […]

Biden
Weely Real Estate News

Biden to Change Rent Increase Cap on Some Affordable Housing Units

March 29, 2024 Mariel Alumit Comments Off on Biden to Change Rent Increase Cap on Some Affordable Housing Units

The Biden administration is planning to change the cap on how much rents can go up in some federally subsidized affordable housing complexes. The Washington Post, citing unnamed “senior administration officials,” reported the yearly rent increases […]

Virginia
Weely Real Estate News

Virginia Home Sales Up Amid Spike in New Listings

March 29, 2024 Mariel Alumit Comments Off on Virginia Home Sales Up Amid Spike in New Listings

A slew of new listings in Virginia helped to boost the state’s home sales in February, according to new data from Virginia Realtors. Last month saw 1,400 more new listings compared to one year earlier, […]

Hits and Misses
Weely Real Estate News

Hits and Misses for the Real Estate Week of March 25-29

March 29, 2024 Mariel Alumit Comments Off on Hits and Misses for the Real Estate Week of March 25-29

The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. From the wild and wooly world of real estate, here are the Hits and Misses for the week […]

events
Housing Wire

11 real estate events & conferences to help you thrive in 2024

March 28, 2024 Mariel Alumit Comments Off on 11 real estate events & conferences to help you thrive in 2024

​ It’s no secret that forging new connections at in-person events can help to grow your business. Nothing sets you up for success like learning the habits and best practices of more experienced agents, brokers […]

Taylor Swift
New York Post

The NYC home where Taylor Swift shot her ‘1989’ Polaroids just got another price cut

March 28, 2024 Mariel Alumit Comments Off on The NYC home where Taylor Swift shot her ‘1989’ Polaroids just got another price cut

Lovebirds Taylor Swift and Travis Kelce are back in Los Angeles after living it up in a $15,000-a-night Bahamas resort, and have reportedly already booked European trips to coincide with Swift’s Eras Tour. But the good luck […]

US Mortgage Corporation
Housing Wire

In quest to grow reverse business, US Mortgage Corporation hires Krajewski

March 28, 2024 Mariel Alumit Comments Off on In quest to grow reverse business, US Mortgage Corporation hires Krajewski

​ New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as […]

Florida
New York Post

Forget Palm Beach — Florida sun-seekers are heading to this burgeoning nearby enclave

March 28, 2024 Mariel Alumit Comments Off on Forget Palm Beach — Florida sun-seekers are heading to this burgeoning nearby enclave

  Wall Street South execs are moving north — but only a few miles. And they’re not alone, as many house hunters on this end of Florida look to the under-the-radar Palm Beach Gardens — […]

NAR
Housing Wire

NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions

March 28, 2024 Mariel Alumit Comments Off on NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions

​ The National Association of Realtors (NAR) urged the U.S. Department of Veteran Affairs (VA) to revise its policies that ban veterans from paying broker commissions, an issue that is gaining attention following the NAR’s […]

homebuyers
Housing Wire

Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com

March 28, 2024 Mariel Alumit Comments Off on Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com

​ As first-time homebuyers contemplate their housing options, the financial calculus between renting and owning is essential. Against the backdrop of elevated mortgage rates and soaring home prices, discerning the evolving financial dynamics between renter-friendly […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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