U.S. Housing Market
Iowa Lawmakers Approve Property Tax Relief Plan at Close of Legislative Session
House Minority Leader Brian Meyer (D-Des Moines) was skeptical that the plan will work as intended. Continue Reading Iowa Lawmakers Approve Property Tax Relief Plan at Close of Legislative Session
FHLBank Chicago Opens 2026 Affordable Housing Program
For this year’s program, $51 million is available, with allocations of up to $2 million per project. Continue Reading FHLBank Chicago Opens 2026 Affordable Housing Program
Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Rourke vehemently denied knowledge of a GoFundMe campaign to fight the eviction. Continue Reading Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
The first close marks the beginning of the Impact Fund’s acquisition phase, with Bridge Housing anticipating the purchase of approximately 20 properties totaling an estimated 3,500 units. Continue Reading Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million
“The properties were contiguous with a 116-unit complex we had just sold for the owner in December 2024,” said National Multifamily Corp.’s Matt Cawley. Continue Reading 16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million
The Best State Capital to Live In Is…
Maine’s capital of Augusta ranked last among the 50 state capitals. Continue Reading The Best State Capital to Live In Is…
Hits and Misses for the Real Estate Week of Feb. 10-14
This week’s Hits and Misses include DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. Continue Reading Hits and Misses for the Real Estate Week of Feb. 10-14
New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month
Jordan custom-built the residence in 1995 and listed it for $29 million in 2012. Continue Reading New Owner of Michael Jordan’s Chicago Mansion Renting It Out for $230,000 Per Month
Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
Applications for relief will need to be filed by June 30. Continue Reading Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes
Housing Supply at 5-Year High, Demand at 5-Year Low
Roughly 41,000 home-purchase agreements were canceled in January. Continue Reading Housing Supply at 5-Year High, Demand at 5-Year Low
Multifamily Developers Express Mixed Views on Market
NAHB Chief Economist Robert Dietz is projecting “multifamily construction will decline again in the first half of 2025.” Continue Reading Multifamily Developers Express Mixed Views on Market
Mortgage Rates in Further Decline
The 30-year fixed-rate mortgage averaged 6.87% as of Feb. 13. Continue Reading Mortgage Rates in Further Decline
Nevada Governor Seeks State Resolution Calling to Release Federal Land for Housing
“Projections indicate that Washoe County could run out of developable land by 2027,” said Gov. Lombardo. Continue Reading Nevada Governor Seeks State Resolution Calling to Release Federal Land for Housing
Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
The typical home that sells takes 56 days to go under contract, the longest span in nearly five years. Continue Reading Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
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