National News
Since the Hispanic Wealth Project’s founding in 2014, Hispanic household wealth has more than tripled across the U.S.
At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high.
The increase in purchase activity offset a decrease in refinancings.
The reports show higher mortgage rates taking a larger share of household income while applications for new-home purchases are falling.
While at Reality Labs, he led global teams across data science, data engineering and user research.
Since Gail and Dave Liniger founded the brokerage in 1973, it has expanded to over 145,000 agents operating in more than 120 countries.
Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.
The pace of home-price growth rose nationally but with significant regional differences.
The updated underwriting guidelines have caused consternation among many in the housing industry.
Lindhorst joined Mattamy as COO in February after working at D.R. Horton for the previous 16 years.
Buyers are reportedly looking for homes that reflect how they actually live, not how they could be living.
Nationally, home sales in the 46 metro areas surveyed by REMAX rose 2.5% year over year and slipped 5.7% month over month.
Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.
The move was an improvement over July, but sentiment still remained in negative territory.
Three years after the opening of a large center, ZIP codes retained 66% of their pre-opening active listings, compared to 43% in similar areas without a data center.
Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027.
