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Mortgage Applications Increase for Fourth Straight Week

USA Real Estate News-RISMedia - Wed, 2023-11-29 12:01

Mortgage applications increased for the fourth straight week, with an uptick of 0.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending November 24, 2023. This week’s results include an adjustment for the observance of the Thanksgiving holiday. This week’s numbers:  The…

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What other cities can learn from LA’s rocky ‘mansion tax’ rollout

USA Real Estate News-Inman - Wed, 2023-11-29 12:00
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests.

Enhancing the Appraisal Process: An Alternative Pathway for Aspiring Appraisers

USA Real Estate News-RISMedia - Wed, 2023-11-29 10:58

This past September, Stellar MLS partnered with the Appraisal Institute to launch its Practical Applications of Real Estate Appraisal program (AI PAREA)—an initiative that provides an alternative pathway for aspiring appraisers to gain the experience hours required to become a licensed or certified appraiser, using a standardized approach.  A collaboration designed to benefit both real…

The post Enhancing the Appraisal Process: An Alternative Pathway for Aspiring Appraisers appeared first on RISMedia.

FHA 2024 loan limits are headed up, chasing rising home prices

USA Real Estate News-Inman - Wed, 2023-11-29 10:50
Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii.

The Best Day and Month To Buy A Home

USA Real Estate News-RISMedia - Wed, 2023-11-29 10:42

Every year the housing market has peak months and peak days for homebuyers to look out for, but these dates can change or be subject to debate. When should homebuyers be paying attention for the best month and day to buy in 2024? A new analysis from ATTOM looked at 47 million single family home…

The post The Best Day and Month To Buy A Home appeared first on RISMedia.

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