U.S. Housing Market Updates
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New Reports Detail How LA Wildfires Changed Local Housing Market
A new wave of investors has turned up in search of real estate bargains. Continue Reading New Reports Detail How LA Wildfires Changed Local Housing Market
Iowa Home Sales Decline While Prices Rise 7%
Median sales price increased 7% to $244,950 in November from the $229,000 of one year before. Continue Reading Iowa Home Sales Decline While Prices Rise 7%
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
“Our residents deserve better than deficits, economic decline and policies that push families and businesses away,” the letter said. Continue Reading Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
Virginia Home Sales Down in November
The statewide median sales price reached $425,000 in November, up $10,000 for a 2.4% year-over-year increase. Continue Reading Virginia Home Sales Down in November
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
JPMorgan Chase Allocates $40 Million for Affordable Housing Development
“We know that housing is at the root of local economic growth and homeownership is key to building generational wealth,” said JPMorgan Chase’s Tim Berry. Continue Reading JPMorgan Chase Allocates $40 Million for Affordable Housing Development
Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
There have been over 30% more sellers than buyers since April. Continue Reading Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge
The report also found 46% of sales volume was generated from repeat business and 44% from past client referrals. Continue Reading Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge
Gov. DeSantis: ‘Age-Specific Property Tax Relief is a Non-Starter’
“Making homestead properties tax-free would be a major boon to young families who will be better able to make ends meet,” he said. Continue Reading Gov. DeSantis: ‘Age-Specific Property Tax Relief is a Non-Starter’
