U.S. Housing Market Updates
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New Oregon Agency to Bolster State’s Housing Production
“My North Star is for every Oregonian to be able to afford a home,” said Gov. Tina Kotek in a statement. Continue Reading New Oregon Agency to Bolster State’s Housing Production
Missouri to Host Public Meetings to Discuss Property Tax Reform
Six public meetings will be held from mid-July through early September. Continue Reading Missouri to Host Public Meetings to Discuss Property Tax Reform
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
GenZ renters were the most optimistic, with 53% believing homeownership was very or somewhat possible. Continue Reading Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
Virginia Home Sales Down 9%
The February median sales price in Virginia was $403,500. Continue Reading Virginia Home Sales Down 9%
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Florida’s Housing Market Showed Signs of Heating Up in February 2023
Florida's housing market in February continued to show increasing inventory and higher median prices compared to a year ago, according to Florida Realtors' latest housing data. The report also shows that economic uncertainty, inflation, and interest rates...
10 Housing Markets Where Demand is Crashing Through the Floor
Source: Yahoo! Finance --- The housing market has been running red hot recently as more Americans buy homes while the supply has decreased. But for those who have been scraping by financially and unable to buy a home at these high prices, you will be happy to know...
Wars in cities: three rules for protecting the built environment during conflict
Source: The Conversation --- During the course of wars, the infrastructure of cities faces destruction. Fighting, regardless of its intentions, destroys roads, bridges, commercial and residential buildings, as well as the architecture they embody. Throughout history...
10 most lucrative places where older Americans can sell their homes, maximize profit and retire elsewhere
Source: Market Watch PICKS --- It certainly pays to own a home before you reach your golden years. About 80% of Americans age 60 and over are homeowners, with housing wealth accounting for approximately 48% of their median net worth, according to a February 2023 paper...
House Prices Declining but Still Up 7.7% Year-to-Year
Source: Florida Realtors --- But U.S. metros aren’t all the same. Of the top 10 states for price declines, 8 of 10 are in the West, as Miami, Tampa and Atlanta show the biggest price jumps. NEW CASTLE, Ind. – Home values in some states began to fall at the end of...
Real estate experts offer possible solutions in tackling housing market obstacles
Source: WPBF News --- PALM BEACH COUNTY, Fla. — With the housing crisis in the Sunshine State, local brokers and buyers are resorting to various ways in tackling the current market. "We have two kids now and two dogs, and it’s just a little too small," Andrew Seifter,...
15 States That Could Be Heading for a Housing Crisis
Source: Go Banking Rates --- The housing crisis of 2008-2009 is forever burned in our memory — a time of irresponsible lending, dramatic financial and housing losses and economic hardship that no one wants to live through again. While regulations and practices that...
A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022
Source: Yahoo! Finance --- Just after mortgage rates spiked to 6%, George Reedy put his South Carolina home on the market in July 2022. He needed to sell for personal reasons. He was also worried that by listing after mortgage rates had spiked, he'd miss out on the...
Rental Property Owners Face Increased Pressure to Reduce their Carbon Footprint
JLL's new “Green Leasing 2.0: Bridging the owner-occupier divide to deliver shared ESG value” report outlines the considerations building occupiers and owners should include at all relationship stages to incorporate sustainability and reduce their carbon footprint....
New York Experiences a 4.4% Drop in Median Sales Price in February
OneKey MLS is a real estate marketplace for monthly statistics for residential real estate transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. For February 2023, OneKey MLS reported a regional closed median sale price of...
