Housing related news
Here are some recent housing-related news articles:
National News
- Housing Market Sees Slight Slowdown: According to the National Association of Realtors (NAR), existing home sales in the US fell 1.3% in January, marking the third consecutive month of decline. (Source: CNBC)
- Mortgage Rates Hit 3-Year Low: The average 30-year fixed mortgage rate fell to 3.45% in the week ending February 11, according to Freddie Mac. (Source: Freddie Mac)
- Home Prices Continue to Rise: The S&P CoreLogic Case-Shiller Home Price Index reported a 3.8% annual gain in home prices in December, with prices rising in all 20 cities tracked. (Source: S&P CoreLogic)
Regional News
- California Housing Market Sees Slight Rebound: After a year of decline, California's housing market saw a slight rebound in January, with sales up 1.3% and prices up 2.3%. (Source: California Association of Realtors)
- New York City Sees Record-Breaking Rent Growth: Rent prices in New York City reached a record high in January, with the median rent price reaching $4,500 per month. (Source: StreetEasy)
- Florida Housing Market Remains Strong: Florida's housing market continued to thrive in January, with sales up 2.5% and prices up 3.5%. (Source: Florida Association of Realtors)
Industry News
- Zillow Acquires ShowingTime: Online real estate marketplace Zillow announced the acquisition of ShowingTime, a leading provider of showing management software. (Source: Zillow)
- Redfin Launches RedfinNow: Redfin, a real estate brokerage, launched RedfinNow, a new service that allows homebuyers to purchase homes directly from Redfin agents. (Source: Redfin)
- Fannie Mae and Freddie Mac Announce New Mortgage Products: The two government-sponsored enterprises announced new mortgage products aimed at helping first-time homebuyers and low-to-moderate income borrowers. (Source: Fannie Mae and Freddie Mac)
Policy News
- Federal Reserve Keeps Interest Rates Steady: The Federal Reserve announced that it would keep interest rates steady, citing a strong labor market and moderate economic growth. (Source: Federal Reserve)
- Congress Passes Budget Deal: Congress passed a budget deal that includes a provision to increase funding for affordable housing programs. (Source: National Association of Realtors)
- HUD Announces New Affordability Initiative: The Department of Housing and Urban Development (HUD) announced a new initiative aimed at increasing affordable housing options for low-income families. (Source: HUD)
I hope you find these news articles helpful!