U.S. Housing Market
Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
cMurray listed his property last August for $12 million. Continue Reading Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
Mill Creek Residential Breaks Ground on Seattle-Area Mixed-Use Development
Modera Woodmont Beach will feature 290 homes and 7,500 square feet of retail space. Continue Reading Mill Creek Residential Breaks Ground on Seattle-Area Mixed-Use Development
30-Year Fixed-Rate Mortgage Sinks to 6.01%
A year ago at this time, it averaged 6.85%. Continue Reading 30-Year Fixed-Rate Mortgage Sinks to 6.01%
Pending Home Sales Dipped in January
Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South. Continue Reading Pending Home Sales Dipped in January
Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
Realtor.com: Down Payment Levels Hit Record High in 2024
Realtor.com determined that buyers paid 14.4% as a share of purchase price. Continue Reading Realtor.com: Down Payment Levels Hit Record High in 2024
JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
The transactions mark JPMREIT’s fifth and sixth investments in the residential sector. Continue Reading JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community
The first units are slated to be ready in the second quarter of 2026. Continue Reading Greystar Begins Construction on Virginia Multifamily/Build-for-Rent Community
Pending Home Sales Up by 2% in February
“Despite the modest monthly increase, contract signings remain well below normal historical levels,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up by 2% in February
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Maine Home Sales up 6.51%
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
