U.S. Housing Market
HUD Proposes Updating the Definition of Manufactured Home for Multistory Construction
The comment period on the proposed rule ends on Aug. 11. Continue Reading HUD Proposes Updating the Definition of Manufactured Home for Multistory Construction
Joint Venture to Convert DC Office Property into Multifamily Community
The financial terms of the project were not disclosed. Continue Reading Joint Venture to Convert DC Office Property into Multifamily Community
Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
The Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88 counties by July 1. Continue Reading Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
Lennar Debuts New Central Oregon Community
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Mortgage Application Activity Remains Weak
The seasonally adjusted Purchase Index was down by 4% from one week earlier while the unadjusted index fell 3%. Continue Reading Mortgage Application Activity Remains Weak
Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs
One in six homeowners are currently delaying a plumbing repair due to cost. Continue Reading Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs
Wisconsin Records Double-Digit Drop in Existing Home Sales
The median price in March was $310,000, up 3.7% from the $299,000 recorded on year earlier. Continue Reading Wisconsin Records Double-Digit Drop in Existing Home Sales
Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
While the median list price rose 6.2% year-over-year in March. the median sale price only rose by 2.5% Continue Reading Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
Q1 US Homeownership Rate Down Slightly
The first quarter homeownership rate was highest in the Midwest (69.3%), followed by the South (67.1%), then the Northeast (61.0%) and the West (60.6%). Continue Reading Q1 US Homeownership Rate Down Slightly
Manufactured Housing Market Forecast to Reach $390 Billion by 2034
The forecast noted that Texas, Florida, and California are among the leading states for manufactured home shipments and community development. Continue Reading Manufactured Housing Market Forecast to Reach $390 Billion by 2034
New Data Reports Find Home Prices Rising at Slower Pace
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.9% annual return for February. Continue Reading New Data Reports Find Home Prices Rising at Slower Pace
Houston’s ‘Darth Vader House’ Sells for $3.4 Million
The property has been on and off the market for the last three years. Continue Reading Houston’s ‘Darth Vader House’ Sells for $3.4 Million
Obama’s Former Martha’s Vineyard Rental Listed at $39 Million
The Obamas rented the property during the summers of 2009, 2010 and 2011 at $50,000 per week. Continue Reading Obama’s Former Martha’s Vineyard Rental Listed at $39 Million
Hits and Misses for the Real Estate Week of April 21-25
This week’s Hits and Misses feature homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. Continue Reading Hits and Misses for the Real Estate Week of April 21-25
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