U.S. Housing Market Updates
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Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Fannie and Freddie Conforming Loan Limits Raised for 2026
The increase is linked to the 3.26% house price increase recorded between the third quarters of 2024 and 2025. Continue Reading Fannie and Freddie Conforming Loan Limits Raised for 2026
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Maine Home Sales Up 10.73% from Last Year
The median sales price for homes sold hit $426,000, up 7.85% from October 2024. Continue Reading Maine Home Sales Up 10.73% from Last Year
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
The measure’s proponents are seeking to have it included on the November 2026 ballot. Continue Reading New Initiative Seeks to Eliminate Property Taxes in Oklahoma
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
Wisconsin Home Sales and Prices Up During October
The median price increased to $331,500, which is a 6.9% increase over the last 12 months. Continue Reading Wisconsin Home Sales and Prices Up During October
