U.S. Housing Market Updates
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Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Construction Begins on 42-Unit Boston Affordable Housing Community
Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Continue Reading Construction Begins on 42-Unit Boston Affordable Housing Community
Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Gov. Mike DeWine opposes this initiative. Continue Reading Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Mortgage Application Activity and Delinquencies Are Rising
The refinance share of mortgage activity decreased to 36.4% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity and Delinquencies Are Rising
Hits and Misses for the Real Estate Week of Sept. 4-8
This week’s Hits and Misses include rough mortgage data, an effort to improve California’s affordable housing, and a high-rise with unlikely garage spaces. Continue Reading Hits and Misses for the Real Estate Week of Sept. 4-8
Long Island Man Pretending to be a Realtor Arrested in Rental Housing Scam
A man in the Suffolk County section of New York’s Long island who falsely claimed to be a realtor was arrested for scamming people out of tens of thousands of dollars for rental properties. Continue Reading Long Island Man Pretending to be a Realtor Arrested in Rental Housing Scam
New Report Examines the State of Multifamily Construction
“As access to development capital across the country diminishes and rent growth slows, multifamily starts are cooling,” said IPA’s Greg Willett Continue Reading New Report Examines the State of Multifamily Construction
US Recorded 1.7% Decline in Home Equity During Q2
The second quarter also recorded a 4% increase in the total number of homes in negative equity. Continue Reading US Recorded 1.7% Decline in Home Equity During Q2
Marilyn Monroe’s Final Home Slated for Demolition
Monroe purchased the property for $77,500 in February 1962 and died there six months later. Continue Reading Marilyn Monroe’s Final Home Slated for Demolition
West Virginia Housing Development Fund Breaks Record for Affordable Mortgage Issuance
The Fund’s Jon Rogers said “more than 100 West Virginians become first-time homeowners through our Homeownership Program” in July. Continue Reading West Virginia Housing Development Fund Breaks Record for Affordable Mortgage Issuance
Mortgage Rates Drop, But Remain Above 7% Mark
“For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above 7%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Remain Above 7% Mark
Zillow and Realtor.com Add Rental Housing Items to Their Platforms
“Short-term rentals are a great way to help with some of the costs of homeownership,” said Realtor.com’s Mausam Bhatt. Continue Reading Zillow and Realtor.com Add Rental Housing Items to Their Platforms
NYU Acquires Luxury Manhattan High-Rise for $210 Million
NYU’s holdings within New York City now encompasses more than 15 million square feet. Continue Reading NYU Acquires Luxury Manhattan High-Rise for $210 Million
New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans
The Asian American homeownership rates in the middle- and lower-income levels are far below equal-earning non-Hispanic Whites. Continue Reading New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans
