U.S. Housing Market Updates
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Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Indiana Home Sales Up 4%
Homes sold for a median price of $270,000, unchanged from September but 6% higher than in October 2024. Continue Reading Indiana Home Sales Up 4%
NYC Rents Soared in Month Before Mamdani’s Election
In Manhattan’s luxury real estate market, median prices reached $11,995, a 20% year-over-year spike. Continue Reading NYC Rents Soared in Month Before Mamdani’s Election
California Realtors Back Assumable Mortgage Idea
“Assumable loans could play a key role in unlocking housing opportunities for buyers,” said the organization. Continue Reading California Realtors Back Assumable Mortgage Idea
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Housing Report Finds Most At-Risk Counties in California and New Jersey
More than half (27) of the 50 least at-risk counties in the analysis were in Southern states. Continue Reading Housing Report Finds Most At-Risk Counties in California and New Jersey
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Belwood Investments said it was raising $250,000 from investors to complete the renovations, with an estimated ROI of 45%. Continue Reading Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Bethenny Frankel Sells Connecticut Estate for $7.83 Million
The estate, known as Applejack Farm, was originally built in 1743 and was once the home for Connecticut’s governor Lowell Weicker. Continue Reading Bethenny Frankel Sells Connecticut Estate for $7.83 Million
