The latest housing data from RE/MAX (NYSE: RMAX) determined home sales during June were up across the 50 metro areas surveyed by the company. This marked the fifth consecutive month of increased sales. Last month’s sales activity was 1.3% higher compared to May and...
Closed sales across Texas during the second quarter totaled 95,364, a year-over-year uptick of 1.4%. According to data from Texas Realtors, closed sales were up in 16 of the state’s metro areas and down in 10. Statewide, active listings increased 27.8% from the same...
Six Democratic senators have introduced legislation designed to address the potential for systemic bias in the home appraisal process. The Appraisal Modernization Act would require the Federal Housing Finance Agency to publish an online database of property-level...
Utah Gov. Spencer J. Cox announced his administration has stopped an attempted land acquisition near Provo Airport by Cirrus Aircraft, a company that is majority-owned by the defense contractor Aviation Industry Corporation of China (AVIC). A 2023 Utah law prevents...
A bipartisan effort is seeking to create a government-backed loan program that will help homeowners fund the creation of accessory dwelling units (ADUs) homes on their properties. The Wall Street Journal reports Rep. Sam Liccardo (D-CA) and Rep. Andrew Garbarino...
Single-family housing starts in June were at a rate of 883,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.6% below the revised May figure of 926,000. Privately-owned housing starts in June were at a...
