U.S. Housing Market Updates
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Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Mortgage Application Activity and Forbearance Levels Go in Decline
The MBA reported the total number of loans now in forbearance decreased to 0.40% as of Jan. 31. Continue Reading Mortgage Application Activity and Forbearance Levels Go in Decline
Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb
tack at Wheat Ridge will be the company’s 20th Colorado location. Continue Reading Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb
Builder Confidence Declines Amid Tariff and Housing Cost Concerns
February’s reading is the lowest level for the HMI in five months. Continue Reading Builder Confidence Declines Amid Tariff and Housing Cost Concerns
Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Prior to the pandemic, the share of all-cash sales ranged from 25% to 30%. Continue Reading Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Pittsburgh and Detroit were the exceptions to the rule. Continue Reading Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Florida Gov. DeSantis Voices Support for Eliminating Property Taxes
“Property taxes are local, not state,” DeSantis wrote in his X response. Continue Reading Florida Gov. DeSantis Voices Support for Eliminating Property Taxes
Iowa Home Sales Up Nearly 5% in January
The median sales price remained steady at $220,000, a 2.3% increase from last year. Continue Reading Iowa Home Sales Up Nearly 5% in January
16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million
“The properties were contiguous with a 116-unit complex we had just sold for the owner in December 2024,” said National Multifamily Corp.’s Matt Cawley. Continue Reading 16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million
The Best State Capital to Live In Is…
Maine’s capital of Augusta ranked last among the 50 state capitals. Continue Reading The Best State Capital to Live In Is…
Hits and Misses for the Real Estate Week of Feb. 10-14
This week’s Hits and Misses include DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. Continue Reading Hits and Misses for the Real Estate Week of Feb. 10-14
