The Washington Post, Sept. 19, 2024-Abha Bhattarai and Rachel SiegelFor Americans mulling a home purchase, this week’s interest rate cut meant just one thing: It’s time to get back in …
Category: Top National News
Don’t Expect 3% Mortgage Rates, Even With Fed Cuts
The Wall Street Journal, Sept. 18, 2024-Gina Heeb and Nicole FriedmanThe era of ultralow mortgage rates in the U.S. is unlikely to return anytime soon, even as the Fed cuts …
Dollar Stores Expand Aggressively Even as Sales Shrink
The Wall Street Journal, Sept. 17, 2024-Kate KingDollar stores are contending with slowing sales and weaker earnings. That is not stopping them from pursuing an aggressive real-estate expansion.Click here for …
Millennials and Gen Z Embrace Co-ownership to Make Homeownership Dreams Come True
CBS News, Sept. 18, 2024-Nancy Chen and Analisa NovakThe real estate market is as challenging as ever, particularly for first-time buyers. According to the National Association of Realtors, the average …
2024 Set to Mark 30-Year Low for Existing Home Sales: Fannie Mae
MPA, Sept. 18, 2024-Candyd MendozaExisting home sales are on track to hit their lowest level in nearly 30 years, Fannie Mae’s Economic and Strategic Research (ESR) Group said.Click here for …
U.S. Multifamily Housing Completions Surge in Good Sign for Rents
Bloomberg News, Sept. 18, 2024-Matthew BoeslerBuilder completions of U.S. multifamily housing units soared to a five-decade high in August, a development that will probably help ease pressure on rents.Click here …
California to Fast-Track Downtown Office Conversions
Globe St., Sept. 18, 2024-Jack RogersA new law aiming to fast-track office-to-housing conversions of empty buildings in California’s struggling downtowns has been passed by the state Senate and sent to …
U.S. Home Prices Continued Growing in August
The Wall Street Journal, Sept. 17, 2024U.S. home prices grew 0.5% in August, the largest month-over-month increase since April, according to Redfin.Click here for more (subscription)
Home Sales Are Growing Faster Than They Have in 2 Years
Quartz, Sept. 17, 2024-Rocio FabbroHousing market activity is finally picking up again amid the decline in mortgage rates.Click here for more
To Expand Housing Counseling Services, HUD Taps Zillow
HousingWire, Sept. 17, 2024-Chris ClowThe federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans.Click here for more (subscription)