U.S. Housing Market
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Half of US Households Experienced Home Insurance Rate Increases
Among the states, Florida carries the highest home insurance average at $7,136. Continue Reading Half of US Households Experienced Home Insurance Rate Increases
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
“They’re thinking about things that we’ve all talked about in our industry,” he said. Continue Reading United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Hits and Misses for the Real Estate Week of Nov. 18-22
This week’s Hits and Misses covers the intersection of real estate and politics in Washington, Ottawa, Sacramento and Animal Crossing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 18-22
Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
20% of renters are working a second job to cover their housing costs. Continue Reading Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
The initiative includes $340 million in loans for qualified small businesses, residential mortgages, and commercial real estate. Continue Reading Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Tri Pointe purchased the sites from Richland Communities, the developer of Sugarloaf Mountain. Continue Reading Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Home Sales Rise in Wisconsin Amid Wider Inventory
The state’s median price rose 10.7% to $310,000. Continue Reading Home Sales Rise in Wisconsin Amid Wider Inventory
Alabama Home Sales and Prices Down in October
The median sales price decreased by 2.1% from $224,812 in September to $220,196 in October. Continue Reading Alabama Home Sales and Prices Down in October
Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
Florida’s housing market in October recorded 18,671 closed sales of existing single-family homes statewide. Continue Reading Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
New York State Home Prices Up for 16th Straight Month
Homes for sale were down statewide, totaling 28,691 properties. Continue Reading New York State Home Prices Up for 16th Straight Month
Mortgage Rates Rise Again
The 30-year fixed-rate mortgage averaged 6.84% as of Nov. 21, up from last week when it averaged 6.78%. Continue Reading Mortgage Rates Rise Again
Existing Home Sales Score First Year-Over-Year Hike Since July 2021
First-time buyers were responsible for 27% of sales in October. Continue Reading Existing Home Sales Score First Year-Over-Year Hike Since July 2021
