This housing market, it would appear, isn’t built on the same creaky foundations of the subprime crisis. Consider these statistics from Fannie Mae FNMA, +0.88%, the U.S. government-backed buyer of home mortgages. The weighted average FICO credit score in the first quarter for a single family home was a sterling 748. The origination loan to ...

An advertisement for an Adelaide house with an unnaturally green lawn has amused many online, but has also sparked questions about how much enhancement is too much when it comes to real estate sales. Key points: A house with an airbrushed green lawn has generated amusement online The agent has removed the images after earlier saying they ...

Investors have looming fears around incoming Energy Performance Certificate targets for the private rental sector, which could require landlords to make eco upgrades of up to £10,000 per property, he said. Buy-to-let investors who are worried about these potential future costs could opt to evict their tenants now while it is easier to do so, ...

Text size Fears of a housing crisis are likely overblown. Stefani Reynolds/AFP/Getty Images About the author: Ken Shinoda is a portfolio manager with Jeffrey Gundlach and Andrew Hsu of the DoubleLine Total Return Bond Fund. In the depths of the pandemic lockdowns, some feared housing price and mortgage implosions on a scale of the 2007-2009  ...

Land involved in the deal marked on this map. Photo / supplied The Marutūahu-Ockham Partnership is buying 1.58ha of Avondale land from Auckland Council’s property arm and will spend $550 million building 750 apartments in eight blocks of up to 10 storeys. Eke Panuku Development Auckland says it will sell the land near Avondale Race ...

U.S. Department of Housing and Urban Development Secretary Marcia Fudge dubbed sunny Miami the “epicenter of the housing crisis in this country” during a visit Tuesday.  Fudge made that stark remark on Miami’s affordability issues while visiting Liberty Square, a public housing complex in the South Florida city, according to the Miami Herald. To anyone ...

Perth has the highest-ever number of suburbs in the million-dollar club, after prices in 15 new suburbs recently exceeded the milestone median. Research from CoreLogic shows there were 56 suburbs in Perth with median house prices above $1 million in May this year, compared to 41 a year previously. Adding to fears about the affordability ...

This is the highest level on record in Zoopla’s dataset, which goes back to 1959, if you exclude flash points during the 2020 housing market shut down and between 2008 and 2013, just after the banking system’s near collapse. The figures emphasise the strain fast-growing house prices has put on ordinary households. Rising values have ...

I–RE, the specialist captive insurance and reinsurance MGU, is adding commercial property as a new line of business to its innovative RE–PAID product, effective from July 1st 2022. Having earlier launched a strategic capacity partnership with Fortegra for general liability, the company said that the addition of commercial property is another exciting step forward for ...

Dear MarketWatch, I am a year and a half away from retiring. I own a home in Illinois and a modest vacation home in Wisconsin. I would like to sell my primary home, and save several hundred dollars per month. I would end up with $100,000 cash from the sale. I would like to rent ...