U.S. Housing Market
Home Equity Rates Declined in Q1
ATTOM defined equity rich as the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value. Continue Reading Home Equity Rates Declined in Q1
Urban Construction Accounted for 11% of New Q1 Listings
Seven metros had a majority of their new construction listings in urban ZIP Codes in the first quarter. Continue Reading Urban Construction Accounted for 11% of New Q1 Listings
New Initiative Seeks to Abolish Property Taxes in South Dakota
“To me, this petition is all about freedom,” said Julie Frye-Mueller, a former state senator who is one of the leaders of this initiative. Continue Reading New Initiative Seeks to Abolish Property Taxes in South Dakota
Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Future residents will have access to a community swimming pool with a dedicated children’s pool area, an event lawn, fire pits, open green spaces, and a nature-themed playground. Continue Reading Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Florida Home Sales Up While Prices Decline
The statewide level of single-family existing homes was at a 4.8-months’ supply while existing condo-townhouse properties were at a 9.3-months’ supply last month. Continue Reading Florida Home Sales Up While Prices Decline
Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area
Roughly half the markets considered least likely to decline fell in Wisconsin, Virginia, Tennessee and Pennsylvania. Continue Reading Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area
Wyoming Governor Signs 25% Property Tax Exemption into Law
The new law takes effect immediately and does not have a sunset date. Continue Reading Wyoming Governor Signs 25% Property Tax Exemption into Law
Richmond American Homes to Open Arden at Bedford in Corona, California
Pricing on the homes begins in the $900,000s. Continue Reading Richmond American Homes to Open Arden at Bedford in Corona, California
Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
BNY led the financing of a $225 million senior secured construction loan in a three-bank deal. Continue Reading Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
Q4 Investor Homebuying Activity at 8-Year Low
Investors purchased $36.5 billion worth of homes in the fourth quarter. Continue Reading Q4 Investor Homebuying Activity at 8-Year Low
Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Outdated land use and building regulations contribute significantly to the undersupply of housing and housing affordability challenges. Continue Reading Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Zillow: Late May is the Best Time to List a Home
Zillow noted the best time for listings varies among markets. Continue Reading Zillow: Late May is the Best Time to List a Home
Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
The development will be located 13 miles from downtown Pittsburgh. Continue Reading Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
The seasonally adjusted Purchase Index increased 9% from one week earlier. Continue Reading Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
FCP Acquires 400-Unit Florida Multifamily Community
Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. Continue Reading FCP Acquires 400-Unit Florida Multifamily Community
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