U.S. Housing Market Updates
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Report: One in Five Homes Had Price Reductions in September
Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Continue Reading Report: One in Five Homes Had Price Reductions in September
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
The national median payment applied for by purchase applicants dropped to $2,172 from $2,211 in May. Continue Reading Mortgage Rates Dip, Homebuyer Affordability Up Slightly
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
More Homes Were Equity Rich During Q2
ATTOM also noted that 2.7% of mortgaged residences were seriously underwater in the second quarter. Continue Reading More Homes Were Equity Rich During Q2
Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
“Our property tax system is a broken system in the state of Ohio and property taxpayers must be protected,” said Rep. Scott Wiggam. Continue Reading Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill
“I’m just glad to know that it’s out,” said Gov. Healey. Continue Reading Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue
A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
NYC Reopens Section 8 Housing Wait List After 15-Year Closure
“Addressing our city’s housing crisis means using every tool our city has,” said Mayor Eric Adams. Continue Reading NYC Reopens Section 8 Housing Wait List After 15-Year Closure
Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges
Difficulties in obtaining affordable housing were cited by buyers and renters. Continue Reading Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges
Hedge Fund Executive Lists Private Connecticut Island for $35 Million
Bridgewater Associates’ Greg Jensen acquired the property in 2018 for roughly $22 million. Continue Reading Hedge Fund Executive Lists Private Connecticut Island for $35 Million
National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing
“It’s far past time to remove politics from housing and help America’s renters,” the group said. Continue Reading National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing
Hits and Misses for the Real Estate Week of May 27-31
This week’s Hits and Misses includes a new scholarship program for aspiring teen real estate professionals and a housing finance agency in turmoil. Continue Reading Hits and Misses for the Real Estate Week of May 27-31
More Renters Are Staying Put Longer
“The uptick in tenure is beneficial for renters and their landlords,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading More Renters Are Staying Put Longer
Most Homebuyers Are Not Shopping Around for a Mortgage
Baby boomers were the least likely to comparison shop (28%) while millennials were most likely. Continue Reading Most Homebuyers Are Not Shopping Around for a Mortgage














