Lora Lee Properties

06/20/2026

New CFPB leadership:

President Donald Trump has named Brian Johnson to be the next Director of the Consumer Financial Protection Bureau, turning to a trusted former aide and financial services executive who helped run the CFPB during Trump’s first term to now run it for the rest of his second term.

06/19/2026

Existing home sales:

NAR existing home sales rose 3.2% in May and the Housing Market Tracker has shown improved demand since late March.

06/18/2026

“Energy and persistence conquer all things.” – Benjamin Franklin

06/17/2026

Home price update:

Infographics Statista says U.S. home prices have dipped slightly since peaking in late 2022 but remain far above pre-pandemic levels. After years of stability following the 2008 housing crash, prices surged between 2020 and 2022. Today's graphic illustrates median house price and days on the market....

06/16/2026

Hot rental markets:

06/15/2026

Home de-listings:

A growing number of homeowners are pulling listings off the market rather than accepting lower offers, with Redfin reporting delistings have reached their highest level since the early days of the pandemic.

06/14/2026

Mortgage denials:

When homebuyers are shopping around for a mortgage, lenders and financial advisors frequently point to 43% as the cutoff point for their debt-to-income ratio; however, a thorough analysis from the Federal Reserve Bank of St. Louis revealed that this isn't always accurate.

06/13/2026

Homebuilder acquired:

The deal creates the fourth-largest homebuilding company in the nation and suggests Berkshire could be positioning for a recovery in U.S. housing demand despite elevated mortgage rates and longstanding affordability pressures.

06/12/2026

Mortgage offers:

Borrowers could save an average of $62,572 over the life of a 30-year, fixed-rate mortgage by shopping around. That’s equivalent to $174 a month or $2,086 a year by choosing the best available offer, according to an analysis by LendingTree.

06/11/2026

Fannie Mae and reperforming loans:

Fannie Mae has started advertising the reperforming loans it is offering for sale, where qualified bidders may purchase the thousands of loans that have an estimated outstanding principal sum of more than $560 million.