Contact to us

News

Know about market updates

Two Ohio-based banks settle "redlining" allegations

A pair of banks based in Ohio must begin increasing mortgage lending in minority neighborhoods in certain areas of Ohio and Indiana as part of a settlement with the Department of Justice, which accused the banks of “redlining.” The DOJ…

Read more

Home Sales Rocket to Second Highest Point Since 2008

In November, sales of new homes hit their second highest peak since 2008, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). While these numbers have been fickle month-to-month, this is a…

Read more

NAR begins search for new CEO

A “diverse member search committee” will work with with Heidrick & Struggles, a provider of executive search, leadership consulting and culture shaping worldwide, to recruit candidates for the CEO position, the trade group said in an email. They begin their…

Read more

Rising interest rates already slowing home sales

Recent reports showed the impact of the post-election rise in mortgage interest rates on borrowers looking to refinance, with higher interest rates shrinking the pool of borrowers who have incentive to refinance. Now, the housing industry is getting its first…

Read more

New York boosts community redevelopment program

New York Gov. Andrew Cuomo announced Tuesday that the state plans to provide $8 million for the construction, rehabilitation, or repair of nearly 300 homes as part of New York’s Homes and Community Renewal Affordable Home Ownership Development Program. Source:…

Read more

Housing Confidence Hinges on Promise of Trump Growth Policies

More homebuyers and sellers are confident about the trajectory of the economy heading into the new year, based on the promise of growth from the Trump Administration’s much-speculated-about policies. A recent outlook released by Fannie Mae, however, dials that confidence…

Read more