U.S. Housing Market
Report: Typical Homebuyer’s Down Payment at $64,000
Down payment percentages were highest in San Jose, San Francisco and Anaheim, where the typical homebuyer in each market put down 25% of the purchase price. Continue Reading Report: Typical Homebuyer’s Down Payment at $64,000
New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
RIPEC estimated the housing bond will create only 642 new housing units, slightly more than one-quarter (28.5%) of Executive Office of Housing’s 2030 housing goal. Continue Reading New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
The Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88 counties by July 1. Continue Reading Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
Lennar Debuts New Central Oregon Community
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
“We have a working group that is coming up with a lot of ideas,” said Mayor Johnson. Continue Reading Chicago Mayor Downplays CFO’s Remarks of a ‘Likely’ Property Tax Hike
Florida’s Single-Family Home Sales Up in June, Down for Q2
The statewide median sales price for single-family existing homes last month was $412,000, down 3.5% compared to June 2024. Continue Reading Florida’s Single-Family Home Sales Up in June, Down for Q2
New York State Housing Inventory Expands to Nearly a 3-Year High
The state’s home prices were up for the 23rd straight month. Continue Reading New York State Housing Inventory Expands to Nearly a 3-Year High
Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
ByteFederal is also teaming with OPISAS, an international real estate firm, to enable cryptocurrency purchases in Florida by foreign investors. Continue Reading Pilot Program to Enable Bitcoin Purchases of New Florida Construction Properties
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Mortgage Application Activity Inches Up Again
The FHA share of total applications decreased to 18.7% from 19% the week prior. Continue Reading Mortgage Application Activity Inches Up Again
Virginia Home Sales Surge Amid Wider Inventory
The median sales price in Virginia was $446,144 in June, up by almost $15,000 for a 3.4% year-over-year uptick. Continue Reading Virginia Home Sales Surge Amid Wider Inventory
Alabama Home Sales Up 8.2%
Alabama’s median sales price last month was $233,458, a 1.4% increase from May and a 2% annual increase. Continue Reading Alabama Home Sales Up 8.2%
The 10 Most Expensive US Home Sales for June
All 10 of the properties sold for more than $30 million. Continue Reading The 10 Most Expensive US Home Sales for June
Pennsylvania’s Median Home Sales Price Hits New High
Also on the rise were the number of listings on the market – 41,600, a 9% rise from the 38,100 recorded the same time last year. Continue Reading Pennsylvania’s Median Home Sales Price Hits New High
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