U.S. Housing Market Updates
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Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
The Best Housing Markets? Two New Data Reports Offer Different Opinions
Realtor.com and WalletHub offer rival data reports. Continue Reading The Best Housing Markets? Two New Data Reports Offer Different Opinions
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Platform Ventures Launches Multifamily Development Unit
The company “believes multifamily housing offers a blend of stability, income generation, and long-term growth potential.” Continue Reading Platform Ventures Launches Multifamily Development Unit
Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Progressive is also introducing The UpPayment program, a down payment assistance program that will provide a $13,500 grant towards the purchase of a home to up to 100 qualified applicants. Continue Reading Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Texas Legislature Passes Property Tax Relief Bills
The property tax relief bills are part of a 1,056-page, $338 billion two-year budget. Continue Reading Texas Legislature Passes Property Tax Relief Bills
Hits and Misses of the Real Estate Week of Nov. 13-17
This week’s Hits and Misses looks at Chicago’s newest office property, the state of the FHA’s MMI Fund and a fight against public funding of a $1.5 billion stadium. Continue Reading Hits and Misses of the Real Estate Week of Nov. 13-17
Tech Trends: Partnership Enables the User to Become the Trusted Agent
The days of business just coming in the door with you having to do nothing are gone. Continue Reading Tech Trends: Partnership Enables the User to Become the Trusted Agent
The Most Expensive Listing Just Got Discounted – to $195 Million
The most expensive residential real estate listing just had its price slashed after five months on the market. According to a Barron's report, the Bel Air, California-based Casa Encantada, which was listed for a record-high of $250 million in June, was discounted by...
EAH Housing to Develop Affordable Housing Complex in Maui
“We are thrilled to be moving forward on this much-needed housing community in Kahului,” said Laura Hall, CEO of EAH Housing. Continue Reading EAH Housing to Develop Affordable Housing Complex in Maui
RE/MAX: Home Sales Down While Inventory Grows
“October had some encouraging signs – especially compared to a year ago,” said Nick Bailey, President and CEO of RE/MAX LLC. Continue Reading RE/MAX: Home Sales Down While Inventory Grows
Builder Confidence Mixed in Market for New Multifamily Housing
“High operating costs are creating problems for existing properties, especially affordable properties,” said Lance Swank, chairman of NAHB’s Multifamily Council. Continue Reading Builder Confidence Mixed in Market for New Multifamily Housing
Housing Starts Inched Up in October
Single‐family housing completions in October were down 0.9% from the revised September rate of 1 million. Continue Reading Housing Starts Inched Up in October
New Home Purchase Applications Up Nearly 40% in October
The average loan size for new homes decreased from $397,550 in September to $390,225 in October. Continue Reading New Home Purchase Applications Up Nearly 40% in October
Builder Confidence Down for Fourth Consecutive Month
NAHB is forecasting approximately a 5% increase for single-family starts in 2024. Continue Reading Builder Confidence Down for Fourth Consecutive Month
The Most Expensive ZIP Code Is…
The town’s residents include venture capitalists and billionaires. Continue Reading The Most Expensive ZIP Code Is…
