U.S. Housing Market Updates
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Report: Cash-Out Refinances Fuels Most Refinancing Activity
The report also found tappable equity hit another record high during the second quarter. Continue Reading Report: Cash-Out Refinances Fuels Most Refinancing Activity
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
The home’s owner, retired beverage industry executive Joseph Harkins, purchased the property 2015 for $7.4 million. Continue Reading NYC’s ‘Breakfast at Tiffany’s’ Townhouse Listed for $15 Million
California’s Median Home Price Hits New High
April marked the 15th consecutive month of annual gain in the state’s housing supply. Continue Reading California’s Median Home Price Hits New High
April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
2200 Gordon Dr. in Naples, Florida, sold for $133.2 million. Continue Reading April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
US Housing Market Value Up 49% from the Start of the Pandemic
The housing market’s total value is slightly less than $52 trillion. Continue Reading US Housing Market Value Up 49% from the Start of the Pandemic
Fewer Homes Being Sold, Albeit with Higher Prices
The median sales price of new houses sold last month was $430,300 while the average sales price was $514,000. Continue Reading Fewer Homes Being Sold, Albeit with Higher Prices
A Phil Hall Op-Ed: Addressing New York City’s Housing Problem
There is no consensus on what “affordable” means for New Yorkers. Continue Reading A Phil Hall Op-Ed: Addressing New York City’s Housing Problem
$38.5 Million Construction Loan Closed for Brooklyn Apartment Project
The final project will be completed by the summer of 2025. Continue Reading $38.5 Million Construction Loan Closed for Brooklyn Apartment Project
New Study Finds Affordable Homeownership Sinking to Three-Decade Low
Chief Economist Mark Fleming noted that of the “top 50 markets tracked, 24 markets were overvalued in July.” Continue Reading New Study Finds Affordable Homeownership Sinking to Three-Decade Low
Hits and Misses for the Real Estate Week of Sept. 18-22
A potential new life for a 100-year-old closed theater, federal workplaces that make employees sick and Jerome Powell’s foot on the brake. Continue Reading Hits and Misses for the Real Estate Week of Sept. 18-22
New York State Home Sales Down 18.8% From Last Year
The state’s median sales price of homes was $411,500 in August, up 4.8% from $392,620 one year earlier. Continue Reading New York State Home Sales Down 18.8% From Last Year
Teachers Federal Credit Union Now Offering VA Loans
“It is our honor to serve those who serve our country,” said Brad Calhoun, president and CEO. Continue Reading Teachers Federal Credit Union Now Offering VA Loans
Revnest, a Marketplace for Vacation Rental Properties, Goes Live
Revnest offers its free listing service for sellers and agents. Continue Reading Revnest, a Marketplace for Vacation Rental Properties, Goes Live
Florida Existing Home Sales Down in August
Last month’s statewide median sales price for single-family existing homes in Florida was $415,000, up 2% year-over-year. Continue Reading Florida Existing Home Sales Down in August
