U.S. Housing Market Updates
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Luxury Home Sales Up 5% in September
The only two metros where prices dropped were Tampa, Florida (-3.3% to $1.45 million) and Oakland, California (-2.2% to $2.9 million). Continue Reading Luxury Home Sales Up 5% in September
Illinois Home Sales Up 4.6% Year-Over-Year
The monthly median price of $301,000 in September was 3.8% higher than $290,000 from one year before. Continue Reading Illinois Home Sales Up 4.6% Year-Over-Year
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
The survey polled 1,276 responses from Hispanic professionals in the real estate industry in 39 states, including Puerto Rico. Continue Reading Survey: Hispanic Homeowners Embracing Short-Term Rentals to Build Income
New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
The Ohio Senate will consider the bill when it convenes for its next session on Sept. 30. Continue Reading New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents
Q2 Home Flipping Profit Margins Drop to 17-Year Low
The typical flipped property generated a 25.1% return on investment before expenses. Continue Reading Q2 Home Flipping Profit Margins Drop to 17-Year Low
A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
Editor Phil Hall questions the rewriting of recent history by the US president and Canadian prime minister. Continue Reading A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
To date, only four people have signed up to participate in the boycott. Continue Reading DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
Zillow Forecasts Homebuying Upswing for 2025
Zillow is predicting 4.3 million in existing home sales during the coming year. Continue Reading Zillow Forecasts Homebuying Upswing for 2025
$15.85 Million Home Sale Breaks Record for North Carolina
The transaction supersedes North Carolina’s previous record-breaking sale price for a $14 million transaction that closed in October. Continue Reading $15.85 Million Home Sale Breaks Record for North Carolina
Hits and Misses for the Real Estate Week of Nov. 18-22
This week’s Hits and Misses covers the intersection of real estate and politics in Washington, Ottawa, Sacramento and Animal Crossing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 18-22
Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
20% of renters are working a second job to cover their housing costs. Continue Reading Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
The initiative includes $340 million in loans for qualified small businesses, residential mortgages, and commercial real estate. Continue Reading Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Tri Pointe purchased the sites from Richland Communities, the developer of Sugarloaf Mountain. Continue Reading Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Home Sales Rise in Wisconsin Amid Wider Inventory
The state’s median price rose 10.7% to $310,000. Continue Reading Home Sales Rise in Wisconsin Amid Wider Inventory
Alabama Home Sales and Prices Down in October
The median sales price decreased by 2.1% from $224,812 in September to $220,196 in October. Continue Reading Alabama Home Sales and Prices Down in October
