Single-family housing starts in July were at a rate of 939,000, according to data from the US Census Bureau. Last month’s level is 2.8% above the revised June figure of 913,000. Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1.42...
According to a report this morning in Weekly Real Estate News, the city of Ivins, Utah, approved a stunning 34% property tax increase for local homeowners. For a community already wrestling with the rising costs of housing, inflation at the grocery store, and energy...
Home builders continued to express minimal optimism in the market for newly built single-family homes, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which registered a 32 level in August, down one point...
A pair of new data reports published today are highlighting a growing imbalance across the housing market. A report from the Rocket Companies (NYSE: RKT) division Redfin discovered a considerable slowing the pace of home sales – during July, the typical home that went...
At a time when most states and municipalities are moving to lower property taxes, a city in southern Utah is going in the opposite direction with a substantial property tax hike. The Salt Lake Tribune reports the City Council in Ivins, Utah, voted 4-1 to raise...
Mortgage applications for new home purchases in July were up by 7% from the previous month and were also up 6.8% year-over-year, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were at a seasonally...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities
