U.S. Housing Market Updates
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California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
“How do agents and brokers keep earning commissions when Zillow aggressively holds the reins over four major real estate portals?” Florance asked. Continue Reading CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
Study: Detroit is the Top City for Property Tax Rates
When it comes to property taxes across the nation’s major cities, Detroit homeowners pay the highest amounts while their counterparts in Honolulu pay the lowest. According to the latest 50-State Property Tax Comparison Study published by the Lincoln Institute of Land...
Mortgage Application Activity and Credit Availability in Decline
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability in Decline
Redfin: Monthly Housing Payments Set New Record
“Housing costs are likely to continue going up for the near future,” said Redfin Economic Research Lead Chen Zhao. Continue Reading Redfin: Monthly Housing Payments Set New Record
Guest Opinion: The New York Fed Chief’s View of the Economy
We’re not seeing the types of risks in housing finance that we saw during the housing boom before the 2007-2008 financial crisis. Continue Reading Guest Opinion: The New York Fed Chief’s View of the Economy
Foreclosure Activity Inches Up During Q1
ATTOM also reported that 32,878 properties had foreclosure filings in March. Continue Reading Foreclosure Activity Inches Up During Q1
Indiana Home Sales Up 21%
Indiana’s median home sale price rose to $250,000, 6% higher than one year earlier. Continue Reading Indiana Home Sales Up 21%
Grupo T&C Launches Edge House Miami
Pricing starts in the $400,000s. Continue Reading Grupo T&C Launches Edge House Miami
Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Welch acquired the property in 2009 for $2.5 million and lived there until her death in February 2023. Continue Reading Raquel Welch’s Los Angeles Villa Listed for $3.9 Million
Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale
After San Francisco, Detroit had the highest share of homes selling at a loss (10.8%) during the three months ending Feb. 29. Continue Reading Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
Pricing for current residential availability at 520 Fifth Ave. starts at $1.7 million. Continue Reading Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
National Multifamily Corp. Expands Into South Carolina
Company President Matt Cawley saw a strong opportunity to pursue new multifamily business in the state. Continue Reading National Multifamily Corp. Expands Into South Carolina
Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
“People keep telling me rents are falling, I keep saying they aren’t,” said financial commentator Mike “Mish” Shedlock. Continue Reading Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
