U.S. Housing Market
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
Construction will begin immediately, with substantial completion anticipated in September 2027. Continue Reading Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
Report: Nearly 44% of Homes Carry HOA Fees
Roughly one-third (33.4%) of single-family homes now carry HOA fees. Continue Reading Report: Nearly 44% of Homes Carry HOA Fees
Pending Home Sales Up for Third Straight Month
All four major regions experienced month-over-month gains in transactions. Continue Reading Pending Home Sales Up for Third Straight Month
Mortgage Application Activity Rises by 6.3%
The refinance share of mortgage activity decreased to 38.8% of total applications from 41% the previous week. Continue Reading Mortgage Application Activity Rises by 6.3%
New Home Sales Plummet 17.3% in October
Housing economist Dr. Anthony B. Sanders called the data the “last gasp of the Biden/Harris reign of (economic) error!” Continue Reading New Home Sales Plummet 17.3% in October
Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii
Kauhale O Namahana will construct 11 single-family units for low and middle-income households. Continue Reading Mark Zuckerberg Donates $626,000 to Build 5 Affordable Homes in Hawaii
Case-Shiller: Home Prices Up 3.9% in September
New York City again reported the highest annual gain among the 20 cities with a 7.5% increase in September. Continue Reading Case-Shiller: Home Prices Up 3.9% in September
GSEs Publish Underserved Markets Plans for Next 4 Years
The Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) has published plans to extend housing access in rural underserved markets, enhance their support for...
A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
Editor Phil Hall questions the rewriting of recent history by the US president and Canadian prime minister. Continue Reading A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
To date, only four people have signed up to participate in the boycott. Continue Reading DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
Zillow Forecasts Homebuying Upswing for 2025
Zillow is predicting 4.3 million in existing home sales during the coming year. Continue Reading Zillow Forecasts Homebuying Upswing for 2025
$15.85 Million Home Sale Breaks Record for North Carolina
The transaction supersedes North Carolina’s previous record-breaking sale price for a $14 million transaction that closed in October. Continue Reading $15.85 Million Home Sale Breaks Record for North Carolina
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