U.S. Housing Market Updates
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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
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
Report: Down Payment Level Held Steady During Q3
During the third quarter, the average down payment share remained near 14.4% of the purchase price. Continue Reading Report: Down Payment Level Held Steady During Q3
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. Continue Reading Hits and Misses for the Real Estate Week of Oct. 13-17
RE/MAX: Home Sales Up 8.4% in February
The $423,000 median sales price was only $3,000 (0.6%) higher than January’s level. Continue Reading RE/MAX: Home Sales Up 8.4% in February
Lennar Begins Sales on Single-Family Homes in Dallas Community
Pricing for the new homes starts in the low $300,000s. Continue Reading Lennar Begins Sales on Single-Family Homes in Dallas Community
New Financing Program Aimed at Sellers Planning Home Stagings
The new program is now available in select markets, with plans for nationwide expansion in the near future. Continue Reading New Financing Program Aimed at Sellers Planning Home Stagings
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
The victims included an 82-year-old woman and a 76-year-old woman. Continue Reading Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
Q4 Renter Population Up by Less Than 1%
Home prices are more than 40% above pre-pandemic levels and rent prices are roughly 20% above pre-pandemic levels. Continue Reading Q4 Renter Population Up by Less Than 1%
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Dallas, Austin, San Diego and Houston also have shortages of affordable housing. Continue Reading Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
California Records Highest Home Sales in Over 2 Years
The statewide median home price of $829,060 represented a 1.2% drop from January’s $838,850 price. Continue Reading California Records Highest Home Sales in Over 2 Years
A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
This federal entity has no history of fraud or waste. Continue Reading A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
Single-Family Housing Starts Up 11.4%
Single-family housing completions were at a rate of 1.06 million, a 7.1% uptick from the revised January rate of 995,000. Continue Reading Single-Family Housing Starts Up 11.4%
