U.S. Housing Market
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
“While the headline increase in delinquencies may draw attention, the underlying performance picture is stable as delinquencies remain below January 2020 levels,” said ICE’s Andy Walden. Continue Reading Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
NYC Board Approves Mamdani’s Rent Freeze
“Our message is clear: This freeze will destroy the living conditions for hundreds of thousands of New Yorkers,” said New York Apartment Association CEO Kenny Burgos. Continue Reading NYC Board Approves Mamdani’s Rent Freeze
Redfin Joins Pre-Market Listings Trend with New Early Access Category
Redfin has joined the movement to pre-market listings with the launch of its Redfin Early Access, a new search category featuring homes that are only on Redfin, plus pre-market listings from Compass International Holdings’ portfolio of brands. The Seattle-based...
Builders Grow Slightly More Confident in Housing Market
“Recent increases for long-term interest rates will continue to hold back homebuyer demand,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Grow Slightly More Confident in Housing Market
Remodeling Firm West Shore Home Expands Further into New England
The new office comes three months after the Mechanicsburg, Pennsylvania-headquartered company entered the Boston market. Continue Reading Remodeling Firm West Shore Home Expands Further into New England
Foreign Purchases of American Homes Up 33%
Florida, California and Texas were the top destinations. Continue Reading Foreign Purchases of American Homes Up 33%
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
The typical homebuyer’s down payment in 2024 was roughly $63,000, equal to 16.3% of the typical home-purchase price. Continue Reading Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
Wall Street Journal Slams Trump-Pulte Housing Policies
“Now is not the time for the Administration to ease lending standards,” said the editors. Continue Reading Wall Street Journal Slams Trump-Pulte Housing Policies
Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives
“Ohioans are as angry as I’ve ever seen them – and rightly so,” Attorney General Dave Yost said. Continue Reading Ohio’s Governor and Attorney General Pursue Rival Property Tax Reform Initiatives
Hits and Misses for the Real Estate Week of July 7-11
Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. Continue Reading Hits and Misses for the Real Estate Week of July 7-11
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. Continue Reading Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
The new bill applies only to individuals selling their primary residence and does not apply to home flippers or real estate investors. Continue Reading New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
“We have mandated expenses to fix the inhumane conditions there,” said Commissioner Dana Barrett. Continue Reading Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
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