U.S. Housing Market Updates
View up-to-the-moment updates on the U.S. Housing Market. To receive weekly updates to your email inbox, click the "subscribe" button below. Subscribe to UpdatesCurrent U.S. Housing Market News
Get the top headlines in the current U.S. housing market in the articles below. Do you have news you would like to contribute? Submit a guest post here. To receive weekly updates with the top U.S. housing market updates and more sent to your mailbox, subscribe by clicking the button below.
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
The new bill applies only to individuals selling their primary residence and does not apply to home flippers or real estate investors. Continue Reading New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Buffalo Homeowners Face Prospect of 8% Property Tax Hike
Acting Mayor Scanlon insisted the 8% property tax levy increase will generate around $13.7 million. Continue Reading Buffalo Homeowners Face Prospect of 8% Property Tax Hike
FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
The extensions are designed to assist households in devastated areas across Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. Continue Reading FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
Report: Roof Repair Costs at $31 Billion in 2024
Since 2022, non-catastrophic wind/hail roof claims increased from 17% to 25%. Continue Reading Report: Roof Repair Costs at $31 Billion in 2024
27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases
“The policy will take money away from the people who played by the rules and did things right,” said the fiscal officers in their letter of protest. Continue Reading 27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases
CFPB Seeks New Protections for PACE Loan Borrowers
CFPB Director Rohit Chopra said the new rules “would require sensible safeguards on these clean energy loans.” Continue Reading CFPB Seeks New Protections for PACE Loan Borrowers
$15 Million Allocated for 3,000 All-Electric NYC Homes
Gov. Kathy Hochul envisioned a “more sustainable, affordable, and equitable future for New Yorkers.” Continue Reading $15 Million Allocated for 3,000 All-Electric NYC Homes
Brady Yeager Named National Sales Director at Movement Mortgage
Yeager was previously president of Level Capital, a private portfolio lender that provides vertical financing to builders/investors. Continue Reading Brady Yeager Named National Sales Director at Movement Mortgage
A Phil Hall Op-Ed: Stop Trying to Pump Up the Homeownership Rate
In 2002, then-President George W. Bush took it upon himself to expand the number of Black and Hispanic homeowners by 5.5 million families by the end of the decade. Continue Reading A Phil Hall Op-Ed: Stop Trying to Pump Up the Homeownership Rate
Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing
Avison Young insisted “the rewards could be endless” from office-to-residential conversions. Continue Reading Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing
Vessel Technologies Brings Franchising to Multifamily Housing Sector
Prior experience in apartment building management is not required for franchisees. Continue Reading Vessel Technologies Brings Franchising to Multifamily Housing Sector
First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
All of First Republic’s 84 offices in eight states will reopen today and its depositors will become customers of JPMorgan Chase Bank, Continue Reading First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
Market Snapshot: The Media and the Mortgage Fees
FHFA Director Thompson never mentioned Biden’s name in explaining the fee structure. Continue Reading Market Snapshot: The Media and the Mortgage Fees
David H. Stevens: Mortgage Fee Changes Politicized ‘Across the Conservative Media’
One of the most prominent thought leaders in the mortgage banking industry is complaining that politics is framing the narrative surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac that will...
