U.S. Housing Market Updates
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RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
California Home Sales Softened During March
The March statewide median price was $884,350. Continue Reading California Home Sales Softened During March
NAHREP: Housing Market ‘Threatened’ by Private Listings
NAHREP called for “the force of law” to ensure fair access to property information. Continue Reading NAHREP: Housing Market ‘Threatened’ by Private Listings
Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million
A New York City townhouse owned by disgraced comedian Bill Cosby has been listed for $7 million, even though the property is at the center of a foreclosure fight. The New York Post reports Cosby put the four-story, 5,000-square-foot property on the market four months...
Survey: 43% of Americans No Longer Sure If or When They Will Buy a Home
56% of millennial and Gen Z respondents felt buying a home is more out of reach for them compared to their parents’ generation. Continue Reading Survey: 43% of Americans No Longer Sure If or When They Will Buy a Home
Affordable Homeownership Strangled by Tighter Credit, Low Inventory
“In a sense, the gridlocked housing market has been feeding on itself,” said Black Knight Vice President of Enterprise Research Andy Walden. Continue Reading Affordable Homeownership Strangled by Tighter Credit, Low Inventory
AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’
“These restrictions are punitive and burdensome,” said Theo Yedinsky, Airbnb’s global policy director. Continue Reading AirBNB Sues NYC Over Short-Term Rental Rules, Calling Them a ‘De Facto Ban’
Hits and Misses for the Real Estate Week of May 29-June 2
Elon Musk talks real estate, tenant pulls a fast one on his trusting landlord and a historic theater gets a new lease on life. Continue Reading Hits and Misses for the Real Estate Week of May 29-June 2
Mariah Carey Sells Atlanta Mansion at Discounted Price
She bought the property in November 2021 via an off-market purchase of $5.65 million. Continue Reading Mariah Carey Sells Atlanta Mansion at Discounted Price
Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move
59% of homeowners said their renovation projects focused on energy efficiency. Continue Reading Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move
Feds Seek Input on Updating AVM Quality Control Standards
“The proposed standards are designed to ensure a high level of confidence in the estimates produced by AVMs,” said the agencies. Continue Reading Feds Seek Input on Updating AVM Quality Control Standards
FHLBank Boston Debuts Pilot Program to Assist Nonwhite First-Time Buyers
FHLBank Boston President and CEO Timothy J. Barrett seeks to “overcome some of the barriers to homeownership for people of color.” Continue Reading FHLBank Boston Debuts Pilot Program to Assist Nonwhite First-Time Buyers
ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges
“We are proud of our record of community service,” said Gary S. Olson, the bank’s chief executive. Continue Reading ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges
Look Up, Folks, Because That’s Where Mortgage Rates Are Heading!
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.09%. Continue Reading Look Up, Folks, Because That’s Where Mortgage Rates Are Heading!
