U.S. Housing Market
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the newspaper’s reporter. Continue Reading Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
Wright was commissioned by Seamour and Gertie Shavin to create the residence. Continue Reading Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
New Data Reports Point to Slowing in Home Price Acceleration
The Federal Housing Finance Agency reported its seasonally adjusted House Price Index recorded a scant 0.1% uptick from February to March. Continue Reading New Data Reports Point to Slowing in Home Price Acceleration
Illinois Home Sales Down Slightly Year-Over-Year
The monthly median price of $326,000 was 5.2% higher than the $310,000 price from one year before. Continue Reading Illinois Home Sales Down Slightly Year-Over-Year
Wells Fargo to Provide Financing for Icon’s 3D Printed Homes
Wells Fargo’s support could provide a boost for the 3D printed home market, which has traditionally struggled to obtain mortgage financing. Continue Reading Wells Fargo to Provide Financing for Icon’s 3D Printed Homes
America’s Most Expensive ZIP Code Is…
The top ranked Fisher Island section of Miami Beach’s $11.9 million median listing price is more than 27 times the national median. Continue Reading America’s Most Expensive ZIP Code Is…
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
The advertisement touts President Trump as a leader “who stands by us and the basic principle that all Americans deserve to dream and dream big.” Continue Reading FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
California Home Sales and Prices Declined in July
Total active listings were up 37.7% from one year earlier, reaching a 69-month high. Continue Reading California Home Sales and Prices Declined in July
Housing Starts Up in July
However, the increase in housing starts did not spark much enthusiasm among industry experts. Continue Reading Housing Starts Up in July
34% Property Tax Hike in Utah: Is Your City Next?
Unless citizens demand fiscal discipline and accountability, more communities across America will face the same painful reality. Continue Reading 34% Property Tax Hike in Utah: Is Your City Next?
Builders Continue to Have Little Confidence in the Housing Market
37% of builders reported cutting prices in August, down from 38% in July. Continue Reading Builders Continue to Have Little Confidence in the Housing Market
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Recent Posts
National Luxury Housing Threshold Down During August- Lawsuits Filed Against 9-Person Team Behind Texas Deed Theft Ring
- Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment
- Existing Home Sales Slowed in August Despite a Nearly 7-Year Inventory High
- Jerome Powell Sells Maryland Mansion for $7.2 Million
