U.S. Housing Market Updates
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Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
The overwhelming majority (89%) of boomers believe buying a home is almost always a good decision. Continue Reading Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
Fairway Home Mortgage in New Partnership with OpenAI
To oversee the partnership, Fairway will promote Caleb Ondrusek to executive vice president of technology and innovation. Continue Reading Fairway Home Mortgage in New Partnership with OpenAI
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Why is a Rhode Island Property Tax Being Named After Taylor Swift?
Swift has not been seen in Rhode Island since last August when she hosted a celebrity-filled party at her property. Continue Reading Why is a Rhode Island Property Tax Being Named After Taylor Swift?
City Ventures Debuts New LA-Area Townhome Community
Pricing begins in the $500,000s. Continue Reading City Ventures Debuts New LA-Area Townhome Community
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
HUD Awards Nearly $4 Million for Research on Office Property-to-Residential Conversions
HUD’s Solomon Greene said the research will “fill critical knowledge gaps, test pilots and new innovations, and share best practices in each of the areas.” Continue Reading HUD Awards Nearly $4 Million for Research on Office Property-to-Residential Conversions
Hits and Misses for the Real Estate Week of Feb. 19-23
An upstart trade group’s PR coup, an iconic theater saved by Hollywood’s A-list and an unwanted honor for New Jersey are among this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Feb. 19-23
Wisconsin Home Sales Up 7.4% in January
January’s median price of $265,000 was 6% higher than the $250,000 price recorded one year earlier. Continue Reading Wisconsin Home Sales Up 7.4% in January
Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households
Detroit has the highest share (13.3%) of Black renting families earning enough income to comfortably afford a mortgage. Continue Reading Disparity Gap Shrinks Between ‘Income Mortgage-Ready’ Black and White Renting Households
Guest Opinion: How to Fix New York City’s Housing Crisis
New York’s housing challenges are not a matter of technical infeasibility but political indecision. Continue Reading Guest Opinion: How to Fix New York City’s Housing Crisis
Anaheim Multifamily Community Chateau de Ville Sells for $79 Million
Built in 1970 on nine acres, Chateau de Ville is a 21-building, controlled-access community. Continue Reading Anaheim Multifamily Community Chateau de Ville Sells for $79 Million
Single-Family Home Sales Up in Florida
Florida’s median sales price for single-family existing homes was $405,000, up 3.8% from the previous year. Continue Reading Single-Family Home Sales Up in Florida
Fewer Listings, Fewer Home Sales in New York State
The median price of homes went up 9.6% in January to $400,000 from the $365,000 median price in January 2023. Continue Reading Fewer Listings, Fewer Home Sales in New York State
Mortgage Rates Creep Up to the 7% Level
The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, up from last week when it averaged 6.77%. Continue Reading Mortgage Rates Creep Up to the 7% Level
Scientists Group Calls on Feds to Establish a National Housing Loss Rate
The proposal calls for a housing-focused federal agency to take the lead on this project. Continue Reading Scientists Group Calls on Feds to Establish a National Housing Loss Rate
