U.S. Housing Market
Florida CFO: Abolishing Property Taxes is Unlikely
“I don’t think we’re going to wind up with the place where we get rid of property taxes altogether on homestead or properties,” said Blaise Ingoglia. Continue Reading Florida CFO: Abolishing Property Taxes is Unlikely
Finance of America Reverse Debuts HomeSafe Second Line of Credit
The product is now available in California, with a further rollout planned in the coming weeks. Continue Reading Finance of America Reverse Debuts HomeSafe Second Line of Credit
REMAX: January Home Sales Plummeted While New Listings Expanded
The median sales price for January was $425,000, a 2% drop from December and a 1% uptick from January 2025. Continue Reading REMAX: January Home Sales Plummeted While New Listings Expanded
Mortgage Application Activity Up by Nearly 3%
The VA share of total applications increased to 16.5% from 16.0% percent the week prior. Continue Reading Mortgage Application Activity Up by Nearly 3%
Historic Michigan Cinema to Become Mixed-Use Development
The venue opened in November 1921 as the Rivoli Theatre. Continue Reading Historic Michigan Cinema to Become Mixed-Use Development
California Records Highest Home Sales in Over 2 Years
The statewide median home price of $829,060 represented a 1.2% drop from January’s $838,850 price. Continue Reading California Records Highest Home Sales in Over 2 Years
A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
This federal entity has no history of fraud or waste. Continue Reading A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
Single-Family Housing Starts Up 11.4%
Single-family housing completions were at a rate of 1.06 million, a 7.1% uptick from the revised January rate of 995,000. Continue Reading Single-Family Housing Starts Up 11.4%
New Rental Home Community Opening in Phoenix
Rents start at $2,710 per month. Continue Reading New Rental Home Community Opening in Phoenix
HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
20% of the nation’s landmass is owned by the Department of Interior. Continue Reading HUD and Interior Team to Identify Federal Lands for Developing Affordable Housing
Tariff Agita Drives Down Builder Confidence Levels
“Construction firms are facing added cost pressures from tariffs,” said NAHB Chief Economist Robert Dietz. Continue Reading Tariff Agita Drives Down Builder Confidence Levels
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
The overall US homeownership rate was higher in 2023 (65.2%) than a decade ago (63.5% in 2013). Continue Reading NAR: Black Homeownership Rate Rising, But Still Below Other Demographics
Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Thomas John Sfraga was also known by the alias TJ Stone. Continue Reading ‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Florida Lawmakers Consider Accessory Dwelling Units to Solve Affordable Housing Shortage
Under the legislation, ADUs would not be allowed in planned unit developments or master planned communities. Continue Reading Florida Lawmakers Consider Accessory Dwelling Units to Solve Affordable Housing Shortage
