U.S. Housing Market Updates
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Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Minnesota Property Taxes Could Rise by $1 Billion in 2026
Final property taxes will be determined by the end of the year, and it would be the highest increase of this decade if it holds. Continue Reading Minnesota Property Taxes Could Rise by $1 Billion in 2026
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Why is a Rhode Island Property Tax Being Named After Taylor Swift?
Swift has not been seen in Rhode Island since last August when she hosted a celebrity-filled party at her property. Continue Reading Why is a Rhode Island Property Tax Being Named After Taylor Swift?
City Ventures Debuts New LA-Area Townhome Community
Pricing begins in the $500,000s. Continue Reading City Ventures Debuts New LA-Area Townhome Community
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again
Mortgage Application Payments Increased in May
The national median mortgage payment for conventional loan applicants was $2,235, up from $2,206 in April and up from $2,226 in May 2024. Continue Reading Mortgage Application Payments Increased in May
Report: Affordable Homeownership Remains Mostly Elusive
California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive
Pending Home Sales Up in May
“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
