U.S. Housing Market
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
The bill has been referred to the House Committee on Ways and Means for consideration. Continue Reading New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Only 21 New Jersey towns recorded no change or a decrease in their property tax bills. Continue Reading New Jersey’s $10,570 Average Property Tax Bill Hits Record High
NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
The dates and locations for the hearings have yet to be scheduled. Continue Reading NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
GenZ renters were the most optimistic, with 53% believing homeownership was very or somewhat possible. Continue Reading Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
Virginia Home Sales Down 9%
The February median sales price in Virginia was $403,500. Continue Reading Virginia Home Sales Down 9%
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
New Home Sales Up in February
The median sales price of new houses sold in February 2025 was $414,500 while the average sales price was $487,100. Continue Reading New Home Sales Up in February
NAR Adds New MLS Policy for ‘Delayed Marketing Exempt Listings’
The National Association of Realtors (NAR) has unveiled “Multiple Listing Options for Sellers,” a new policy that is designed to exist in conjunction with its Clear Cooperation Policy. According to NAR, the policy introduces a new category of exempt listings called...
Case-Shiller, FHFA Point to Continued Home Price Increases
The FHFA House Price Index data found prices up 4.8% from January 2024 to January 2025. Continue Reading Case-Shiller, FHFA Point to Continued Home Price Increases
Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
West purchased the property in 2021 for $57 million but left behind an unfinished renovation project. Continue Reading Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Sale prices dropped in Altadena and rose in the Palisades last month. Continue Reading Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Zillow: Sellers with Privately Listed Homes Typically Lost Nearly $5,000
Zillow’s survey data found Hispanic and Black home sellers are more often guided toward listing their homes privately by agents. Continue Reading Zillow: Sellers with Privately Listed Homes Typically Lost Nearly $5,000
Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024
72.9% of Gen Xers owned their home in 2024, up from 72% in 2023. Continue Reading Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024
