U.S. Housing Market Updates
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New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Toll Brothers Debuts Luxury Townhome Community in New York’s Westchester County
Homes are priced from $1.39 million. Continue Reading Toll Brothers Debuts Luxury Townhome Community in New York’s Westchester County
Century Communities Begins Sales at New Arizona Gated Community
Pricing for the homes begins in the low $300,000s. Continue Reading Century Communities Begins Sales at New Arizona Gated Community
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
The Most Affordable City for Rental Housing Is…
Miami ranked last in the new study of more than 180 cities. Continue Reading The Most Affordable City for Rental Housing Is…
Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Security Properties now owns 29 assets totaling more than 6,500 units in the Greater Seattle area. Continue Reading Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Placemakr Launches First Utah Property
Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units. Continue Reading Placemakr Launches First Utah Property
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Glenn Kelman, the company’s CEO, declared “we believe that all buyers should be able to see all listings.” Continue Reading Redfin Follows Zillow’s Lead in Prohibiting Private Listings
JTE Real Estate Previews New South Carolina Community
Arbor Ridge will offer an 18-unit mix of three- and four-bedroom homes. Continue Reading JTE Real Estate Previews New South Carolina Community
FinCEN Renews Real Estate Geographic Targeting Orders
The terms of the GTOs are effective beginning April 15 and ending on Oct. 9. Continue Reading FinCEN Renews Real Estate Geographic Targeting Orders
New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance
The legislation would require the FHLBank system to contribute 30% or a minimum of $200 million of its net earnings to its Affordable Home Program. Continue Reading New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance
Travis Kelce Refutes Rumor of Buying Mansion for Homeless Youth Center
“Some false claims were thrown out there that I was doing something in the community that I was not,” said Kelce. Continue Reading Travis Kelce Refutes Rumor of Buying Mansion for Homeless Youth Center
Advisory Panel Recommends No Property Tax Increase for Maryland
State Treasurer Dereck Davis pointed to “difficult, trying times” for Maryland homeowners. Continue Reading Advisory Panel Recommends No Property Tax Increase for Maryland
