U.S. Housing Market Updates
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Some Cook County Homeowners Could Receive $1,000 Grants for Property Tax Relief
Grants will be distributed on a lottery system with recipients receiving a one-time $1,000 payment. Continue Reading Some Cook County Homeowners Could Receive $1,000 Grants for Property Tax Relief
New Data Reports Point to Further Slowing in Home Price Acceleration
FHFA Director Bill Pulte offered no remarks on his agency’s latest data report. Continue Reading New Data Reports Point to Further Slowing in Home Price Acceleration
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs
The senators also expressed displeasure over Pulte’s conflict of interest in this directive. Continue Reading Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs
Hits and Misses for the Real Estate Week of July 21-25
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. Continue Reading Hits and Misses for the Real Estate Week of July 21-25
Flood Insurance Relief Legislation Reintroduced in Congress
The bill’s proposed deduction would not apply to individuals who have a gross income of more than $200,000 or $400,000 for joint filers. Continue Reading Flood Insurance Relief Legislation Reintroduced in Congress
New Record High for Pennsylvania’s Median Home Sales Price
Last month, Pennsylvania’s home sales were up by 11% from the previous month. Continue Reading New Record High for Pennsylvania’s Median Home Sales Price
MBA’s CEO Blasts Biden for Tying ‘Regulatory Knots’ Around Housing Professionals
“Such confusion poses a serious threat to a smoothly functioning and sustainable market,” he said. Continue Reading MBA’s CEO Blasts Biden for Tying ‘Regulatory Knots’ Around Housing Professionals
The Best City for Veterans to Live Is…
Tampa topped the new ranking compiled by Veterans United Home Loans. Continue Reading The Best City for Veterans to Live Is…
Derek Jeter Cuts the Price Again on His Hudson Valley Estate
The estate is back on the market for $6.3 million. Continue Reading Derek Jeter Cuts the Price Again on His Hudson Valley Estate
Kendrick Lamar Drops $40 Million for Los Angeles Estate
The seller acquired the property in 2019 for $19.5 million. Continue Reading Kendrick Lamar Drops $40 Million for Los Angeles Estate
Hits and Misses for the Real Estate Week of May 13-17
Questioning Biden’s homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. Continue Reading Hits and Misses for the Real Estate Week of May 13-17
California Median Home Prices Soar Past $900K Level to New Record High
Sales in the $1 million-and-higher market segment surged 39.8% year-over-year in April. Continue Reading California Median Home Prices Soar Past $900K Level to New Record High
UWM Debuts 0% Down Purchase Program
UWM’s Mat Ishbia said the program “is going to change the game this purchase season.” Continue Reading UWM Debuts 0% Down Purchase Program
Lennar Unveils Townhome Community in Florida’s Pembroke Park
Pricing for the new community starts in the low $500,000s. Continue Reading Lennar Unveils Townhome Community in Florida’s Pembroke Park
Mortgage Rates Down Slightly, Though Still Elevated
The 30-year fixed-rate mortgage averaged 7.02%, down from last week when it averaged 7.09%. Continue Reading Mortgage Rates Down Slightly, Though Still Elevated
