U.S. Housing Market
336-Unit Multifamily Community Launches in Savannah
Construction is being led by Summit Contracting Group, with an anticipated completion in the second quarter of 2028 and stabilized occupancy targeted for the first quarter of 2029. Continue Reading 336-Unit Multifamily Community Launches in Savannah
VA Updates Appraisal Requirements
The VA also adjusted appraisal fees in select regions, adding it was seeking to “to stay competitive and maintain a qualified pool of experienced appraisers.” Continue Reading VA Updates Appraisal Requirements
A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
The recent articles seek to criticize an entire industry based on isolated incidents with four companies. Continue Reading A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
Study: Only 4.5% of Gen Zers are Homeowners
At the metro level, the widest Gen Z-to-boomer divides cluster in waterfront retiree hubs. Continue Reading Study: Only 4.5% of Gen Zers are Homeowners
Down Payment Levels at 4-Year Low
“Down payments are falling as the housing market slowly tilts toward buyers,” said Hannah Jones, senior economist at Realtor.com. Continue Reading Down Payment Levels at 4-Year Low
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
New Bipartisan Bill Seeks Government Support for ADU Construction
The lawmakers stated the construction of new ADUs is needed to address the national housing shortage. Continue Reading New Bipartisan Bill Seeks Government Support for ADU Construction
Single-Family Housing Starts and Permits Down in June
Privately-owned housing were at a seasonally adjusted annual rate of 1.321 million, which is 4.6% above the revised May estimate of 1.26 million. Continue Reading Single-Family Housing Starts and Permits Down in June
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
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