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America’s Home Affordability Issues Worsen in Mid 2024

According to ATTOM's newly released second-quarter 2024 U.S. Home Affordability Report, the median-priced single-family homes and condos remained less affordable compared to historical averages in 99 percent of counties. This trend, which began in early 2022, shows that home ownership now demands historically large portions of wages nationwide due to high residential mortgage rates and elevated home...

Owning Manhattan? How much business SERHANT.’s agents really do

Since launching in late June, Ryan Serhant’s latest reality TV venture “Owning Manhattan” on Netflix, has become quite the phenomenon. Despite debuting on June 28, the show cracked Netflix’s top-10 most streamed shows in the U.S. for the week ending on June 30. The show stars Serhant, who is no stranger to reality TV, having spent a decade starring in Million Dollar Listing New York, among other...

CHLA calls on CFPB to take action against trigger lead calls

The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, urging the agency to more forcefully go after trigger lead solicitations. To cement the point, CHLA is calling such solicitations “junk calls,” echoing the language of the campaign the Bureau has waged against “junk fees.” The letter cites three specific...

Housing market sees more price cuts as inventory continues to grow

Nationally, the housing market indicators have been slow for several months now. There have been a few markets; however, that have defied the national trends where inventory has stayed tighter and demand keeps rolling in. Available inventory of unsold homes in the U.S. is 40% more now than last year, but some markets are just now starting to lift beyond the pandemic lows.  It was the second half of...

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