U.S. Housing Market Updates
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Hits and Misses for the Real Estate Week of July 21-25
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. Continue Reading Hits and Misses for the Real Estate Week of July 21-25
Flood Insurance Relief Legislation Reintroduced in Congress
The bill’s proposed deduction would not apply to individuals who have a gross income of more than $200,000 or $400,000 for joint filers. Continue Reading Flood Insurance Relief Legislation Reintroduced in Congress
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs
One in six homeowners are currently delaying a plumbing repair due to cost. Continue Reading Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs
Wisconsin Records Double-Digit Drop in Existing Home Sales
The median price in March was $310,000, up 3.7% from the $299,000 recorded on year earlier. Continue Reading Wisconsin Records Double-Digit Drop in Existing Home Sales
Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
While the median list price rose 6.2% year-over-year in March. the median sale price only rose by 2.5% Continue Reading Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
Luke Bryan cuts price on Florida mansion for second time
The four-story five-bedroom, five-bathroom property was built in 1994 and bought by Ryan in 2013 for $2.5 million. Continue Reading Luke Bryan cuts price on Florida mansion for second time
New York Fed Study Finds Rising Level of Loan Application Rejections
The rejection rate for mortgages in June was 13.2%, up from 10% in February. Continue Reading New York Fed Study Finds Rising Level of Loan Application Rejections
Angelo Mozilo, former Countrywide Financial CEO, Dies at 84
Time magazine would place Mozilo at the top of its list of the 25 People to Blame for the Financial Crisis. Continue Reading Angelo Mozilo, former Countrywide Financial CEO, Dies at 84
A Phil Hall Op-Ed: Remember GSE Reform?
In 2008, then-Treasury Secretary Hank Paulson called conservatorship a “timeout” for the GSEs. Continue Reading A Phil Hall Op-Ed: Remember GSE Reform?
Ohio Homeownership Rate Drops to Record Low
Roughly 209,600 homes were sold in Ohio last year, the lowest total since 2015 Continue Reading Ohio Homeownership Rate Drops to Record Low
The Best and Least Educated Cities Are…
Michigan’s Ann Arbor has the highest share of bachelor’s degree holders aged 25 and older, 57.2%. Continue Reading The Best and Least Educated Cities Are…
Rick Beckwitt to Retire From Leadership Role at Lennar
Beckwitt’s retirement will be effective Sept. 1. Continue Reading Rick Beckwitt to Retire From Leadership Role at Lennar
FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects
“Lack of affordable housing is one of the most intractable problems our country faces today,” said Teresa Bryce Bazemore, CEO and president of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects
Hits and Misses for the Real Estate Week of July 10-14
NAR did not explain why it donated $125,000 to a candidate running for mayor of Missoula, Montana. Continue Reading Hits and Misses for the Real Estate Week of July 10-14
Barbara Corcoran Gives TikTok Tour of Her Luxury Mobile Home
“As beautiful as my New York City penthouse is over the park with all this space, it does not have an ocean,” she said. Continue Reading Barbara Corcoran Gives TikTok Tour of Her Luxury Mobile Home
