U.S. Housing Market Updates
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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
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
“We have mandated expenses to fix the inhumane conditions there,” said Commissioner Dana Barrett. Continue Reading Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
CoreLogic: Annual Home Price Growth Up 5.5% in February
CoreLogic projected that year-over-year home price gains will continue through 2024, albeit at a slower pace. Continue Reading CoreLogic: Annual Home Price Growth Up 5.5% in February
Capital Square Completes Construction on Single-Family BFR Community Outside Dallas
The 18-acre development includes a mix of one-, two- and three-bedroom single-family homes. Continue Reading Capital Square Completes Construction on Single-Family BFR Community Outside Dallas
Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion
“Z Life is crafting ecosystems for living that meet the needs and aspirations of the younger generation,” said CEO Weina Zhang. Continue Reading Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion
A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?
Buyers face a new environment with greater costs at every level of the process. Continue Reading A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?
NYC Homeowners Sued by Squatters Removed from Their Property
“Somebody broke into my house, and I’m in court getting sued by them,” said Denis Kuryland. Continue Reading NYC Homeowners Sued by Squatters Removed from Their Property
Barbara Corcoran Predicts Lower Rates Will Drive Home Prices ‘Through the Roof’
Real estate investor and “Shark Tank” star Barbara Corcoran has warned that that lower interest rates will results in home prices going “through the roof.” In an interview with Yahoo Finance, Corcoran opined that lower rates would bring more buyers into a housing...
MBA Voices Opposition to Biden’s Rent Cap Proposal
“Rent control has consistently proven to be a failed policy,” said MBA President and CEO Bob Broeksmit. Continue Reading MBA Voices Opposition to Biden’s Rent Cap Proposal
Hits and Misses for the Real Estate Week of March 25-29
In the spotlight: The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. Continue Reading Hits and Misses for the Real Estate Week of March 25-29
Virginia Home Sales Up Amid Spike in New Listings
Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. Continue Reading Virginia Home Sales Up Amid Spike in New Listings
Biden to Change Rent Increase Cap on Some Affordable Housing Units
Properties that receive Low-Income Housing Tax Credit funding will be capped at 10%. Continue Reading Biden to Change Rent Increase Cap on Some Affordable Housing Units
