U.S. Housing Market
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
North Carolina House Leader Creates Committee to Devise Property Tax Reforms
A recent study from the Tax Foundation ranked North Carolina 36th highest property taxes in the nation. Continue Reading North Carolina House Leader Creates Committee to Devise Property Tax Reforms
Residential Property Insurance Costs Soared in 2024 at a Record Rate
The largest percentage increases were recorded in Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%). Continue Reading Residential Property Insurance Costs Soared in 2024 at a Record Rate
Bascom Group Acquires California Apartment Community for $127 Million
Highridge Apartments is an institutionally owned, 1972-vintage property that has undergone significant upgrades over the years. Continue Reading Bascom Group Acquires California Apartment Community for $127 Million
Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
The companies are also partnering on a $1.2 billion development in a downtown Atlanta location. Continue Reading Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
Hits and Misses for the Real Estate Week of Feb. 24-28
The CFPB changes its mind, two different approaches to EV charger installations and an eggs-cellent home selling approach. Continue Reading Hits and Misses for the Real Estate Week of Feb. 24-28
Toll Brothers Launches New Phase of Atlanta-Area Luxury Community
Sterling Pointe offers 64 new homes with two-story single-family home designs Continue Reading Toll Brothers Launches New Phase of Atlanta-Area Luxury Community
Ohio Home Sales Inched Up 0.8%
The average sales price across Ohio in January reached $274,522. Continue Reading Ohio Home Sales Inched Up 0.8%
Report: 1 in 7 Pending Home Sales Were Canceled in January
Atlanta leads the nation in canceled deals, with one in five (19.8%) of January’s pending home sales falling apart. Continue Reading Report: 1 in 7 Pending Home Sales Were Canceled in January
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
The estate includes a 16,000-square-foot, six-bedroom main residence built in 1995. Continue Reading Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
NAR’s Pending Home Sales Index Sinks to All-Time Low
The Pending Home Sales Index tumbled by 4.6% to 70.6, an all-time low. Continue Reading NAR’s Pending Home Sales Index Sinks to All-Time Low
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