A Phil Hall Op-Ed: Earlier this month, Bank of England Chief Economist Huw Pill stated the reason that rents were so high in his country was not because of elevated interest rates, but because of “quite large increases in immigration” – net migration broke a record in...
Two in five (39.7%) new mortgages issued in 2023 went to homebuyers under the age of 35, according to new data from Redfin (NASDAQ:RDFN). During 2013, more than one-quarter (26.5%) of buyers were between the ages of 35 and 44, while those between 45 and 54 accounted...
Pennsylvania’s median home sales price broke a new record in April at $280,000, up nearly 25% from March and up 7.6% from one year earlier, according to data from the Pennsylvania Association of Realtors (PAR). As prices soared so did sales. Last month, Pennsylvania’s...
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit criticized the Biden administration for working against the best interests of housing market professionals, observing that “it sometimes feels like it is attacking you directly and injuring the...
The East Coast and Midwest rank high among the best places for veterans and active duty miliary personnel to live, according to a new survey from Veterans United Home Loans. For its 2024 Best Cities for Veterans to Live list, the company analyzed more than 500...
New York Yankees legend Derek Jeter is making another attempt to sell his Hudson Valley estate, this time at a significantly reduced cost. The estate on Greenwood Lake in Warwick, New York, was built in 1903 and was the childhood home of Jeter’s grandfather, William...
Hits and Misses for the Real Estate Week of April 27-May 1
