U.S. Housing Market Updates
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New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
The auction will take place on-site at San Juliette on May 17 at 11:00 a.m. PDT. Continue Reading Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The company said its policy shift was designed to provide fair access to inventory. Continue Reading Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The State with the Greatest Increase in Mortgage Debt Is…
Vermont was the only state with an increase above 2%. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
San Francisco Leads the Nation in Declining Luxury Home Sales
The median sale price of luxury homes in San Francisco plummeted by 12.7% year-over-year to $4.8 million in the second quarter. Continue Reading San Francisco Leads the Nation in Declining Luxury Home Sales
MBA: HELOC Activity Up 50% Since Pandemic Began
The FICO score of the average HELOC borrower dropped to 769 in 2022 from 780 in 2020. Continue Reading MBA: HELOC Activity Up 50% Since Pandemic Began
Guaranteed Rate Debuts Down Payment Assistance Product
OneDown also offers borrowers a $1,000 contribution toward lender fees. Continue Reading Guaranteed Rate Debuts Down Payment Assistance Product
Bud Abbott’s Final Home Sells for $1.25 Million
The property last changed hands in 1989 for $440,000. Continue Reading Bud Abbott’s Final Home Sells for $1.25 Million
Realtor.com: Rent Prices Down 1% in June
Rents are 24.1% higher than in pre-pandemic June 2019. Continue Reading Realtor.com: Rent Prices Down 1% in June
Home Prices Up Again in Latest Case-Shiller Report
“The ongoing recovery in home prices is broadly based,” said Craig J. Lazzara, managing director at S&P DJI. Continue Reading Home Prices Up Again in Latest Case-Shiller Report
High-Earning Households Exiting California and New York
Northeastern states lost the most high earners year-over-year, while seven of the top 20 states adding high-earners were in the Southeast. Continue Reading High-Earning Households Exiting California and New York
A Phil Hall Op-Ed: Is Housing to Blame for Climate Change?
According to Scientific American, greenhouse gas emissions rose 7% during Biden’s first year in office. Continue Reading A Phil Hall Op-Ed: Is Housing to Blame for Climate Change?
Bel Air Mansion of Domino’s Pizza Executive Listed for $30 Million
Donald Mejj purchased the property about two years ago for $20.875 million. Continue Reading Bel Air Mansion of Domino’s Pizza Executive Listed for $30 Million
Tori Spelling Gets Insulted by a Realtor When Seeking Rental Housing
Realtor Robert Vinson found the “90210” star’s moldy housing situation “amusing.” Continue Reading Tori Spelling Gets Insulted by a Realtor When Seeking Rental Housing
