U.S. Housing Market Updates
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Connecticut Cities Increase Fines Against Landlords with Blighted Properties
New Haven and Waterbury are fighting blight in their neighborhoods. Continue Reading Connecticut Cities Increase Fines Against Landlords with Blighted Properties
Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
West purchased the property in 2021 for $57 million but left unfinished after a highly publicized but ill-fated renovation project. Continue Reading Kanye West’s Unfinished Malibu Beach House Back on the Market at Reduced Price
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Chinese Buyers Top Global Web Searches for South Florida Real Estate
Colombia, the long-time leader for global web searches, ranked second at 9.1%. Continue Reading Chinese Buyers Top Global Web Searches for South Florida Real Estate
Case-Shiller: Home Price Acceleration is Slowing
New York City again reported the highest annual gain among the 20 cities with an 8% increase in March. Continue Reading Case-Shiller: Home Price Acceleration is Slowing
Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
“That is what we hear about all the time,” Reynolds said. Continue Reading Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination
Mortgage Rates Keep Climbing to the 8% Mark
The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. Continue Reading Mortgage Rates Keep Climbing to the 8% Mark
Tech Trends: New Technology Helps You Really Know Your Customer
Truv is an open finance platform that enables financial organizations with access to every data source available. Continue Reading Tech Trends: New Technology Helps You Really Know Your Customer
Proptech NewHomesMate Expands Service to Atlanta
According to the company, NewHomesMate will help Atlanta-area builders improve the marketing of their properties. Continue Reading Proptech NewHomesMate Expands Service to Atlanta
Southern First Bancshares Opens Dream Mortgage Center
The center will provide homebuyer education and outreach in an underserved community of South Carolina. Continue Reading Southern First Bancshares Opens Dream Mortgage Center
NAR: Pending Home Sales Up in September
“Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” said Lawrence Yun, NAR chief economist. Continue Reading NAR: Pending Home Sales Up in September
Thompson Thrift to Construct 300-Unit Community in Suburban Orlando
Thompson Thrift plans to begin construction this month and welcome new residents beginning in late 2024. Continue Reading Thompson Thrift to Construct 300-Unit Community in Suburban Orlando
Automaker Fiat in Partnership on New Jersey Multifamily Complex
Fiat House will feature more than 300 rental residences with studio, one-bedroom and two-bedroom units. Continue Reading Automaker Fiat in Partnership on New Jersey Multifamily Complex
Mortgage Application Activity Continues to Slump
MBA’s Joel Kan said applications dropped “to the slowest weekly pace since 1995.” Continue Reading Mortgage Application Activity Continues to Slump
New Single-Family Home Sales Up Nearly 34% Year-Over-Year
The bulk of activity was focused in the South (with 456,000 houses sold last month) and the West. Continue Reading New Single-Family Home Sales Up Nearly 34% Year-Over-Year
‘Family Guy’ Takes Aim at Reverse Mortgages
A Tom Selleck parody convinced Peter Griffin to consider “Hey Alright Reverse Mortgages – or HARM.” Continue Reading ‘Family Guy’ Takes Aim at Reverse Mortgages
