U.S. Housing Market
Bipartisan Bill Aims to Prevent Data Centers from Increasing Consumer Electricity Costs
The legislation seeks to ensure new data centers use energy from power generation sources that are separate from the grid. Continue Reading Bipartisan Bill Aims to Prevent Data Centers from Increasing Consumer Electricity Costs
Toll Brothers Debuts 12-Home Luxury Community in North Carolina
Homes in the community are priced from $1.1 million. Continue Reading Toll Brothers Debuts 12-Home Luxury Community in North Carolina
Apartment Rents Up by Scant 0.1% in December
This mild uptick reversed the previous five consecutive month trend of flat or negative monthly rent change. Continue Reading Apartment Rents Up by Scant 0.1% in December
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Washington State Lawmakers Consider Bill to Raise Property Tax Cap
“Without a doubt, if this property tax goes into effect, many will be forced to foreclose on their homes,” said the Washington State Republican Party. Continue Reading Washington State Lawmakers Consider Bill to Raise Property Tax Cap
Survey: 44% of Sellers Would Work with Agent That Has a Violent Criminal Record
The survey found 51% of sellers would work with agents who refuse to provide references. Continue Reading Survey: 44% of Sellers Would Work with Agent That Has a Violent Criminal Record
Report: $603 Billion Spent on Home Remodeling Projects in 2024
Most consumers (89%) reported housing affordability was not a deciding factor in their decisions to remodel. Continue Reading Report: $603 Billion Spent on Home Remodeling Projects in 2024
Mortgage Application Activity Surges by 20%
The Refinance Index increased 35% from the previous week – the highest level in six months. Continue Reading Mortgage Application Activity Surges by 20%
Northeast Housing Markets Lead Nation for Down Payment Increases
Delaware led the nation in 2024 with a 38.6% rise in median down payments Continue Reading Northeast Housing Markets Lead Nation for Down Payment Increases
Buffalo Homeowners Face Prospect of 8% Property Tax Hike
Acting Mayor Scanlon insisted the 8% property tax levy increase will generate around $13.7 million. Continue Reading Buffalo Homeowners Face Prospect of 8% Property Tax Hike
FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
The extensions are designed to assist households in devastated areas across Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. Continue Reading FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
Report: Roof Repair Costs at $31 Billion in 2024
Since 2022, non-catastrophic wind/hail roof claims increased from 17% to 25%. Continue Reading Report: Roof Repair Costs at $31 Billion in 2024
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down payment. Continue Reading Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
The Port said the rezoning “appears that substantially all of the developable land covered by the Council’s action is controlled by one property owner.” Continue Reading Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
