National News

Black mortgage applicants 84% more likely to be denied than white applicants, analysis finds

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Unique ‘MetaReal’ deal will include luxury mansion’s identical counterpart in the virtual world

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire. 

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

Tour Santa’s home and workshop in new Zillow listing

The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.

NAR donated nearly 3,500 meals to Americans in last six months

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

Survey: Millennial homeowners most burdened by debt, homeownership costs

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

Mobile homes appeal to young and middle-class buyers as home prices surge

With home prices continuing to reach new heights  across the country, many potential homebuyers are seeing the mobile-home market in a brand new light as single-family home prices become less affordable for young and middle-class buyers. 

Oops! We could not locate your form.