U.S. Housing Market
‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
The mansion is not in Bel-Air – it is located in Brentwood. Continue Reading ‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Programs offer forgivable grants to homebuyers earning up to 80% of the area median income. Continue Reading Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
“They’re thinking about things that we’ve all talked about in our industry,” he said. Continue Reading United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
The Most Expensive US Home Listing Is…
The most expensive home sale in January was a Fifth Avenue apartment in New York City. Continue Reading The Most Expensive US Home Listing Is…
Report: 2024 Housing Market Gained $2.5 Trillion in Value
Major metros in the Northeast gained the most value in percentage terms in 2024. Continue Reading Report: 2024 Housing Market Gained $2.5 Trillion in Value
Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
The company noted that properties sold for $500,000 or more accounted for 5.4% of its transactions in 2024. Continue Reading Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
Mortgage Rates Inch Lower
The 30-year fixed-rate mortgage averaged 6.85% as of Feb. 20. Continue Reading Mortgage Rates Inch Lower
Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market
Currently, only one in every 14,668 homes across has been vacated due to foreclosure. Continue Reading Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market
Zillow: 62% of Black Buyers Purchased Their First Home in 2024
Zillow found that St. Louis was the most affordable housing market for typical Black households last year. Continue Reading Zillow: 62% of Black Buyers Purchased Their First Home in 2024
RE/MAX: New Listings and Inventory Up in January
The markets with the biggest year-over-year increase in new listings percentage were Seattle (+32.9%), Anchorage (+29.0%), and Des Moines (+28.4%). Continue Reading RE/MAX: New Listings and Inventory Up in January
Ground Broken for New 770-Acre Master-Planned Community in Texas
The community will include approximately 2,400 single-family home lots. Continue Reading Ground Broken for New 770-Acre Master-Planned Community in Texas
California Home Sales Slumped in January
January’s statewide median price of $838,850 was down 2.6% from December’s $861,020. Continue Reading California Home Sales Slumped in January
Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper
Zillow found that remodeled listings on its platform generated 26% more daily saves. Continue Reading Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper
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