U.S. Housing Market
Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
The lawsuit noted construction is being positioned in the historic North Beach and Fisherman’s Wharf areas and in formerly off-limits lower-income neighborhoods. Continue Reading Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
White House Dropping Plans for 50-Year Mortgage
“I think we have other priorities,” said FHFA Director Bill Pulte. Continue Reading White House Dropping Plans for 50-Year Mortgage
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
Ana Navarro brought a Trump reference into the talk by declaring, “Well I would avoid Palm Beach for the moment, if I were you.” Continue Reading ‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
RE/MAX: November Home Sales Up 6.3% Year-Over-Year
November’s median sales price of $429,000 was up 5.7% from the $406,000 level set one year earlier. Continue Reading RE/MAX: November Home Sales Up 6.3% Year-Over-Year
New Platform Helps Buyers Choose Areas Based on Voting Results
Oyssey has rolled in South Florida and New York City this month. Continue Reading New Platform Helps Buyers Choose Areas Based on Voting Results
Hits and Misses for the Real Estate Week of Dec. 9-13
This week’s Hits and Misses include a slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. Continue Reading Hits and Misses for the Real Estate Week of Dec. 9-13
NAR Names the 10 Top Housing Hot Spots for 2025
The association also predicted that home prices will continue to increase in 2025, but at a slower pace compared to previous years. Continue Reading NAR Names the 10 Top Housing Hot Spots for 2025
Groundbreaking for New 342-Unit Multifamily Community in Las Vegas
Construction begins this month, with completion slated for the first quarter of 2027. Continue Reading Groundbreaking for New 342-Unit Multifamily Community in Las Vegas
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Neighborhood Ventures said it raised over $1 million for the property in less than eight hours through a crowdfunding initiative. Continue Reading Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Bascom Group Acquires Seattle Multifamily Community
Built in 1992, the property features a five-story residential building situated above two levels of structured parking. Continue Reading Bascom Group Acquires Seattle Multifamily Community
Mortgage Rates Take Another Drop
The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12. Continue Reading Mortgage Rates Take Another Drop
Home Flipping Activity and Profits Down in Q3
The top four metro areas that recorded the largest flipping rates during the third quarter were all in Georgia. Continue Reading Home Flipping Activity and Profits Down in Q3
