U.S. Housing Market
Median Sold Price in Mid-Atlantic Region Hits Record High
“While inventory is increasing, there are some markets where supply is still not keeping pace with demand,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Median Sold Price in Mid-Atlantic Region Hits Record High
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022. Continue Reading Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
First Suspect Arrested in Texas Real Estate Fraud Scheme
Courtney Lister is currently being held on a combined $230,000 bond. Continue Reading First Suspect Arrested in Texas Real Estate Fraud Scheme
Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
“We like to say that we are putting God’s love into action,” said Danielle Johnson, executive director of Wichita Habitat for Humanity. Continue Reading Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. Continue Reading Hits and Misses for the Real Estate Week of April 13-17
Report: $603 Billion Spent on Home Remodeling Projects in 2024
Most consumers (89%) reported housing affordability was not a deciding factor in their decisions to remodel. Continue Reading Report: $603 Billion Spent on Home Remodeling Projects in 2024
Mortgage Application Activity Surges by 20%
The Refinance Index increased 35% from the previous week – the highest level in six months. Continue Reading Mortgage Application Activity Surges by 20%
Northeast Housing Markets Lead Nation for Down Payment Increases
Delaware led the nation in 2024 with a 38.6% rise in median down payments Continue Reading Northeast Housing Markets Lead Nation for Down Payment Increases
Buffalo Homeowners Face Prospect of 8% Property Tax Hike
Acting Mayor Scanlon insisted the 8% property tax levy increase will generate around $13.7 million. Continue Reading Buffalo Homeowners Face Prospect of 8% Property Tax Hike
FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
The extensions are designed to assist households in devastated areas across Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia. Continue Reading FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas
Report: Roof Repair Costs at $31 Billion in 2024
Since 2022, non-catastrophic wind/hail roof claims increased from 17% to 25%. Continue Reading Report: Roof Repair Costs at $31 Billion in 2024
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down payment. Continue Reading Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment
Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
The Port said the rezoning “appears that substantially all of the developable land covered by the Council’s action is controlled by one property owner.” Continue Reading Port of Seattle Files Appeal to Prevent Residential Development in Industrial District
FEMA Launches Flood Insurance Premium Quoting Tool
. FEMA noted that 40% of NFIP flood insurance claims occur outside high hazard areas. Continue Reading FEMA Launches Flood Insurance Premium Quoting Tool
The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
The property was completed and offers a mix of studios, one-, two- and three-bedroom units. Continue Reading The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
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