Current News & Events
Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Mayor McCarty wants to see this proposal on the 2026 ballot, Continue Reading Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
Coverage could soon be impossible for multifamily real estate insureds to secure
Source: Insurance Business America --- The multifamily real estate insurance market in the United States has hardened significantly over the past few years, resulting in major rate increases and restrictions in coverage terms and conditions. Three prevalent issues...
The 10 Most Expensive Homes Sold in Houston’s Record $40 Billion Real Estate Year
Source: Paper City --- The numbers are in for the Houston residential real estate market for 2021 showing it was a record year with overall single family home sales topping the 2020 record by more than 10 percent. Total dollar volume hit a record $40 billion, 28...
Low Inventory May Push Local Real Estate Prices Even Higher
Source: HawaiiBusiness Magazine--- As Hawai‘i begins 2022, the residential real estate market in the Islands, especially on O‘ahu, continues to set records with no signs of abating. Chad Takesue, 2022 president of the Honolulu Board of Realtors and a partner at real...
A pickup in purchases or a sales slowdown? Experts split on what to expect
Source: Scotsman Guide --- Will an influx of new inventory push home sales in 2022, or will falling affordability push buyers to the sidelines and dampen activity? A new Zillow poll has revealed that economists and housing industry observers are split on where the...
Fear of even higher mortgage rates may be heating up winter homebuying
Source: CNBC --- Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home prices are still gaining, and winter is historically the slowest...
FORECAST: Real estate demand vs. supply will continue in 2022
Source: OrangeObserver.com --- Central Florida real estate is about as hot as a typical local summer. The forces that kept the 2020 market strong, despite the COVID-19 pandemic, remained in play last year. And some industry professionals believe that will be the case...
Out-of-state home buyers drive up New Mexico real estate market
Source: KOB4 --- ALBUQUERQUE, N.M. – New data from U-Haul shows more people are moving to New Mexico, but all those people need somewhere to live. More and more Americans are discovering why New Mexico is called the Land of Enchantment. "We're seeing people from the...
Watch Labor And Real Estate Markets For Key Economic Themes In 2022
Source: Forbes --- Although challenges remain related to ongoing pandemic variants, vaccination rates and supply chain bottlenecks, overall sentiment reflects some progress toward normalizing. Labor market recovery has been interesting and unpredictable, as data show...
10 metro areas with growing real estate markets
Source: Winona Daily News --- Bidding wars. Over-asking offers. Cash buyers. Eager investors. Inventory shortages. If there’s one part of the economy that has been completely upended by the pandemic, it’s the housing market. Cities like San Francisco and New York have...
States and cities with the cheapest houses in 2022
Source: The Mortgage Reports --- As home prices keep climbing, many would-be buyers are looking outside their current ZIP codes for affordable housing. The good news is, home prices aren’t rising at the same pace everywhere. If you’re looking for affordable homes in...
