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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
HomeResidential

Residential

new home purchases
Housing

Demand rose in January for new home purchases: MBA

February 19, 2024 Mariel Alumit Comments Off on Demand rose in January for new home purchases: MBA

​ Mortgage applications for new homes surged in January as a lack of existing homes continued to fuel the demand for new construction. Mortgage applications for new home purchases rose 19.1% in January on a […]

foreclosure
Housing

U.S. foreclosure activity ticked up significantly in January: Attom

February 14, 2024 Mariel Alumit Comments Off on U.S. foreclosure activity ticked up significantly in January: Attom

​ In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data. In total, 33,270 U.S. properties […]

Rick Ross
Celebrities

Rick Ross is spending $20M on renovations after buying this Miami mansion or $35M

February 12, 2024 Mariel Alumit Comments Off on Rick Ross is spending $20M on renovations after buying this Miami mansion or $35M

Miami’s own rap mogul Rick Ross is a titan in the music industry — and now, he has a grand home in the works, to boot. Last summer, the Grammy-nominated rapper from Miami Gardens made […]

US cities
Housing

Co-living could save you $900 a month in these pricey US cities: Survey

February 12, 2024 Mariel Alumit Comments Off on Co-living could save you $900 a month in these pricey US cities: Survey

Nothing speeds up romance quite like a desperate housing market and the prospect of saving on rent. As Valentine’s Day approaches, a new report from Realtor.com presents tempting logic for moving in with a significant […]

Banks
Financial Markets

Banks report tightened lending standards for nearly all residential mortgages: Fed survey

February 7, 2024 Allen Santos Comments Off on Banks report tightened lending standards for nearly all residential mortgages: Fed survey

​ Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With the central […]

Rental Housing
Commercial Real Estate

Survey Finds Rampant Fraud in Rental Housing Applications

February 6, 2024 Allen Santos Comments Off on Survey Finds Rampant Fraud in Rental Housing Applications

A new survey of rental housing providers conducted by the National Multifamily Housing Council (NMHC) found that nearly all respondents (93.3%) have been on the receiving end of fraudulent applications over the last 12 months. The NMHC […]

Arizona
Home Improvement

A one-of-a-kind house made from thousands of glass bottles is up for grabs in Arizona

February 2, 2024 Mariel Alumit Comments Off on A one-of-a-kind house made from thousands of glass bottles is up for grabs in Arizona

If these walls could talk, they’d keep it bottled up.  A one-of-a-kind Arizona property built from glass bottles — doubling as a work of art — has hit the market for $432,500. The Tucson home […]

Gen Z
Housing

Gen Z, millennials are becoming homeowners — thanks to $30K tiny homes on Amazon

February 1, 2024 kingstu Comments Off on Gen Z, millennials are becoming homeowners — thanks to $30K tiny homes on Amazon

It’s a small price to pay — and it’s paying off big time. With homeownership being far out of reach for most millennials and Gen Zs due to inflated asking prices, astronomical interest rates and […]

baby boomer
Housing

Here are the markets with the most baby boomer homeowners

January 28, 2024 Allen Santos Comments Off on Here are the markets with the most baby boomer homeowners

​ A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of the new […]

lawyer
Home Improvement

A lawyer discovered a Revolutionary War fort inside this home — see what other artifacts he unveiled

January 15, 2024 kingstu Comments Off on A lawyer discovered a Revolutionary War fort inside this home — see what other artifacts he unveiled

This house got flipped back into another century.  In West Virginia’s Monroe County, civil rights lawyer and YouTuber John H. Bryan has uncovered a rare relic of national history inside the walls of an old […]

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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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