U.S. Housing Market Updates
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Builder Confidence Inches Up Slightly
The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly
Foreclosure Activity Rises During First Half of the Year
During the second quarter, there were 100,687 residential properties with a foreclosure filing, up 7% from the previous quarter and up 13% from one year ago. Continue Reading Foreclosure Activity Rises During First Half of the Year
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Security Properties now owns 29 assets totaling more than 6,500 units in the Greater Seattle area. Continue Reading Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Placemakr Launches First Utah Property
Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units. Continue Reading Placemakr Launches First Utah Property
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Glenn Kelman, the company’s CEO, declared “we believe that all buyers should be able to see all listings.” Continue Reading Redfin Follows Zillow’s Lead in Prohibiting Private Listings
FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees
Thompson stressed that “updated and improved pricing framework makes homeownership more attainable for creditworthy first-time homebuyers, which strengthens communities.” Continue Reading FHFA’s Thompson: ‘Certain Media Reports Have Distorted Basic Facts’ About Upfront Fees
The Most Affordable City for Homeownership Is…
Honolulu had the lowest median real estate tax rate while Waterbury, Connecticut, had the highest. Continue Reading The Most Affordable City for Homeownership Is…
China is Top Country with Buyers Searching for Miami Real Estate
Closer to home, Texas led the states searching MiamiRealtors.com for property. Continue Reading China is Top Country with Buyers Searching for Miami Real Estate
More New Single-Family Homes Being Sold, But They Are Also Smaller
The median single-family square floor area registered at 2,261 square feet. Continue Reading More New Single-Family Homes Being Sold, But They Are Also Smaller
A Phil Hall Op-Ed: The Disney Real Estate Dead Pool
So, if death really comes in threes, what is the next Disney property to disappear? Continue Reading A Phil Hall Op-Ed: The Disney Real Estate Dead Pool
MBA’s Broeksmit on New Regulatory Proposals: ‘This Looks Like a Power Grab’
“It looks like a clear-cut attempt to punish an industry that some policymakers seem to personally dislike or distrust,” Broeksmit said. Continue Reading MBA’s Broeksmit on New Regulatory Proposals: ‘This Looks Like a Power Grab’
There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent
In Detroit, the typical home is 24% less expensive to buy than rent. Continue Reading There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent
Rocket Mortgage Unveils 1% Down Payment Program
The company added that the program eliminates the need for the mortgage insurance fee. Continue Reading Rocket Mortgage Unveils 1% Down Payment Program
Hits and Misses for the Real Estate Week of May 15-19
Beyonce and Jay Z, Disney and Ron DeSantis, and SeaWorld San Diego are in the spotlight. Continue Reading Hits and Misses for the Real Estate Week of May 15-19
Mortgage Applications on New Home Purchases Up 4.1%
“This was the third straight month of year-over-year growth in applications,” said MBA’s Joel Kan. Continue Reading Mortgage Applications on New Home Purchases Up 4.1%
