U.S. Housing Market
Hits and Misses for the Real Estate Week of May 25-29
A broke city gets a new tax, a pesky deed thief is back in custody, and Tampa Bay gets another $1 billion request for a stadium. Continue Reading Hits and Misses for the Real Estate Week of May 25-29
Wolf Valley Homes Debuts Line of Luxury Tiny Homes and Park Model Cabins
Financing options are available on qualifying homes. Continue Reading Wolf Valley Homes Debuts Line of Luxury Tiny Homes and Park Model Cabins
Mortgage Rates Down for Third Straight Week
Sam Khater, Freddie Mac’s chief economist, observed, “Rates currently stand at their lowest level in the last three spring homebuying seasons.” Continue Reading Mortgage Rates Down for Third Straight Week
Florida’s Burgess Island Listed for Sale at $89 Million
The island was acquired and developed in 1924 by inventor and electrochemist Charles Frederick Burgess. Continue Reading Florida’s Burgess Island Listed for Sale at $89 Million
Illinois Home Sales Up 3.1%
The monthly median price of $315,000 was 6.8% more than $295,000 price recorded one year earlier. Continue Reading Illinois Home Sales Up 3.1%
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Approximately 640 million acres of land are federal owned, accounting for nearly one-quarter of the nation’s landmass. Continue Reading Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Bette Davis’ Maine Estate Listed for $15 Million
The property last changed hands in 2016 for $3.75 million. Continue Reading Bette Davis’ Maine Estate Listed for $15 Million
Report: Nearly 15% of Home Sale Agreements Canceled in June
acksonville, Florida, led the nation with more than one in five (21.4%) home purchase agreements getting canceled in June. Continue Reading Report: Nearly 15% of Home Sale Agreements Canceled in June
Developer to Accept Cryptocurrency Purchases in Florida Community
“We believe that the future of real estate involves both sustainability and innovation,” said Marshall Gobuty, founder and CEO of Pearl Homes. Continue Reading Developer to Accept Cryptocurrency Purchases in Florida Community
Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Redfin reported new listings of homes for sale fell 3.2% in June to the lowest seasonally adjusted level since October 2023. Continue Reading Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators cosponsored the bill. Continue Reading New Legislation Seeks to Address Systemic Bias in Home Appraisals
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