Home prices trended up in almost all U.S. metro areas during the first quarter of 2024. Out of 221 metro markets analyzed, 205 (93%) posted yearly home price gains in Q1 2024, while 30% experienced […]
U.S. Sen. Mike Braun (R-Ind.), who recently submitted a series of questions to Ginnie Mae about its management of the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program following the collapse of Reverse Mortgage […]
Housing credit channels directly impact housing inventory channels. What does that mean? Home prices escalated out of control after 2020 and when we look at why that happened, we can see that housing credit […]
The Federal Home Loan Bank (FHLBank) of San Francisco, one of the 11 regionally based, wholesale suppliers of lendable funds to financial institutions, announced on Wednesday that it has appointed former Ginnie Mae President […]
There’s a European oasis in New York Harbor — and it’s about to get bigger. Governors Island’s sprawling Italian day spa QC NY is expanding with a new building, a restaurant and various wellness […]
Nevada’s gambling mecca recorded the sales of 2,960 existing local homes, condominiums and townhomes in April, according to new data from Las Vegas Realtors. Compared to one year ago, this represents an increase of 19.2% […]
Jeffrey Jackson, president of California’s Orange County Association of Realtors, passed away on May 1 at the age of 65 following a bout with cancer. Jackson was a senior risk manager at Realty One Group […]
Massachusetts Gov. Maura Healey is proposing a new “mansion tax” strategy to fund the state’s affordable housing endeavors. According to combined media reports, Healey’s recently proposed $4 billion housing bond bill would enable cities to enact a transfer […]
First quarter commercial and multifamily mortgage loan originations were essentially unchanged from one year earlier but were down 23% from the previous quarter, according to new data from the Mortgage Bankers Association (MBA). During the […]
There is good news and not-so-good news regarding the state of affordable housing in California’s Bay Area. First, the good news: data from the newly published Bay Area Affordable Housing Pipeline 2024 Report detailed that […]
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