U.S. Housing Market
Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
Nautilus 220 features 330 condominium residences in two 24-story towers. Continue Reading Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pricing
“An 88% operating margin and a compound annual growth rate of 100% in per-score pricing over five years are not hallmarks of a competitive market,” the senator said. Continue Reading Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pricing
Century Communities Debuts Luxury Townhome Community in St. Augustine
The development marks the company’s first community in Florida’s St. Johns County. Continue Reading Century Communities Debuts Luxury Townhome Community in St. Augustine
New YouTube Channel ‘Under 30 Homebuyer’ Focuses on Young First-Time Buyers
“Gen Z and younger Millennials are no longer relying on traditional search or financial explainers to make major life decisions,” said Tim Lucas, general manager of Three Creeks Media. Continue Reading New YouTube Channel ‘Under 30 Homebuyer’ Focuses on Young First-Time Buyers
Mortgage Rates Inch Up for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5. Continue Reading Mortgage Rates Inch Up for Third Straight Week
New Home Sales Up in December
On a full-year measurement, an estimated 683,000 new homes were sold in 2024. Continue Reading New Home Sales Up in December
New York State Housing Inventory at Historic Low
Housing inventory fell 2.6% year-over-year in December to 23,198. Continue Reading New York State Housing Inventory at Historic Low
Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
SmartMLS, the Connecticut multiple listing service, found statewide home prices were up 8.2% year-over-year in the fourth quarter of 2024. Continue Reading Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Existing Home Sales Up in December
First-time buyers were responsible for 31% of sales in December. Continue Reading Existing Home Sales Up in December
California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
The real estate agent was not identified by Bonta’s office, although media reports identified him as Mike Kobeissi of Kobeissi Properties. Continue Reading California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims
Wisconsin Home Sales Up 9.2% Year-Over-Year
The median price rose 13% to $305,000, the strongest price appreciation of the year. Continue Reading Wisconsin Home Sales Up 9.2% Year-Over-Year
Mortgage Rates Drop Below 7%
The 30-year fixed-rate mortgage averaged 6.96% as of Jan. 23. Continue Reading Mortgage Rates Drop Below 7%
Home Selling Profits Down in 2024 Despite Price Gains
The median home price increased year-over-year by 4.9% percent in 2024, reaching a new record high of $350,000. Continue Reading Home Selling Profits Down in 2024 Despite Price Gains
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