TransUnion: Mortgage, home equity lending grow despite high rates
Rate-and-term refinances climbed 44% and cash-out refis increased 15%. Home equity originations had their strongest annual growth since 2022.
Affordability
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New Western president speaks on PadSplit partnership
The collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces.
Realtor.com: Price premium for new homes sinks to all-time low
The premium for new construction homes dropped to 7.8% nationally as builders held prices steady and existing-home prices jumped.
California affordable housing programs face new legal challenge
A new lawsuit could deal a blow to one of California’s primary local tools for building affordable housing without taxpayer subsidies.
Hemp spells affordable housing for Native American community
Prompted by U.S. Census data indicating the need for 200 new homes by 2030, the Lower Sioux Housing Authority turned to hempcrete.
Scott, Warren announce bipartisan housing bill markup
The first bipartisan housing markup in more than a decade will involve the consideration of the ROAD to Housing Act of 2025.
Bright MLS: Housing market shifts toward necessity, balance
The survey found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Bipartisan housing bill targets local zoning barriers
The bill has drawn support from organizations including the National Association of Home Builders and Habitat for Humanity International.
California creates office dedicated to housing, homelessness issues
Restructuring aims to better integrate and administrate response to the state’s housing and homelessness challenges.
Phillip Cantrell’s book offers blueprint for real estate entrepreneurship
Phillip Cantrell — founder and CEO of Benchmark Realty — says the inspiration for writing the book stemmed from a desire to give back.