U.S. Housing Market Updates
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2,500-Home Community Planned for Austin Suburb
Construction on phase one of the infrastructure is currently underway. Continue Reading 2,500-Home Community Planned for Austin Suburb
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
The wealthiest 1% own a disproportionate 13.4% share of US real estate. Continue Reading Report: America’s Wealthiest 1% Could Buy Up 99% of the Nation’s Homes
NYC Completed Nearly 34,000 New Homes in 2024
Only 15,626 permits for new housing were received last year. Continue Reading NYC Completed Nearly 34,000 New Homes in 2024
Report: Housing Supply Gap at Nearly 4 Million in 2024
Total housing starts last year were at their lowest level since 2020. Continue Reading Report: Housing Supply Gap at Nearly 4 Million in 2024
In Fast-Growing Georgia, These Areas Are Leading the Housing Price Surge
Source: NewsBreak --- Georgia residents are more than familiar with population growth. It's been happening around them for decades, after all. The nation's 12th-fastest growing state in 2022, Georgia has seen a nearly 14% population increase since 2010. While the...
More San Francisco homes selling below asking price. Could that trend come to L.A.?
Source: Los Angeles Times --- The San Francisco Bay Area has developed a famous (or infamous) reputation over the years for its housing prices, driven in part by the tech industry’s mammoth presence in the region, with cash-flush workers who could parlay stocks into...
Bay Area Could See More Affordable Housing – If the Public Funds it
A new study suggests that the Bay Area could see nearly 33,000 new affordable housing units in the near future. The research, conducted by Enterprise Community Partners and the Bay Area Housing Finance Authority, found that 395 affordable housing developments are...
It’s time to chill with all the recession talk
Source: CNN Business --- New YorkCNN — In 2021, a bunch of economists and policy makers underestimated the inflation that was taking root around the world. In 2022, as inflation hit 40-year-highs and the Fed ramped up interest rates, many of those commentators went...
Why Today’s Housing Market Isn’t Headed for a Crash
Source: Keeping Current Matters --- 67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news....
Redfin: Rent Prices See Smallest Increase in 20 Months
Increasing supply and waning demand are putting downward pressure on rental prices, according to a new report from Redfin. The median U.S. asking rent rose 2.4% year over year to $1,942 in January, the smallest increase since May 2021 and the lowest level in nearly a...
Title Company Recognized for Uncovering Real Estate Fraud
Kevin Tacher, CEO of Independence Title, was recognized by former Broward County Mayor Michael Udine and Broward County Property Appraiser Marty Kair at a recent Parkland Chamber of Commerce meeting for his outstanding work in uncovering major real estate fraud...
Hopes are High for a Spring Rebound in Mid-Atlantic Housing Market
Homeowners may be coming to terms with 6% mortgage interest rates, which could point to a better spring home buying season, at least in the Mid-Atlantic region. That’s according to the January Housing Market Report released by Bright MLS today. “After record...
Mortgage rates tick up after weeks of decline
Source: Fox Business --- The average long-term U.S. mortgage rate began to rise after four weeks of contraction, a possible sign of stability that could draw in home shoppers with spring buying season weeks away. The big rise in mortgage rates during the past year has...
Spring homebuying and selling season is here. Are you ready?
Source: CNN Business --- Super Bowl weekend is the unofficial kick-off to the peak spring home buying and selling season, according to many real estate agents. Are you ready? If you’re feeling unsure and confused, you’re not alone. The US housing market is giving off...
