A total number of 4,737 listings were sold in Kentucky during July, a 1.68% uptick from the previous month and a 3.6% year-over-year increase. According to data from Kentucky Realtors, the state had 6,802 new listings last month a 4.8% increase from June and an 8.7%...
Among the neighborhoods where the rich folks live, the median price for a home in the top 10% nationwide is $1.3 million, while the top 5% of homes list for around $5.5 million. But that’s affordable housing compared to the top 1% where homes are priced at $5.7...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
California recorded a total of 261,820 closed escrow sales of existing single-family detached homes in July, down 1% from the 264,400 homes sold in June and was down 4.1% from the 272,990 homes sold in July 2024. According to the California Association of Realtors...
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...
