U.S. Housing Market
REMAX: Home Sales Down 4.7% in November
Buyers closed on 18.5% fewer home sales from October to November and 4.7% less than in November 2024. Continue Reading REMAX: Home Sales Down 4.7% in November
WWE’s Former HQ Approved for Conversion into Apartment Complex
The four-story building, nicknamed “Titan Towers,” was constructed in 1981 on a parcel just off I-95. Continue Reading WWE’s Former HQ Approved for Conversion into Apartment Complex
Report: 70 New Down Payment Assistance Programs Launched During Q3
More than 2,000 counties now have 10 or more down payment assistance programs available for homebuyers. Continue Reading Report: 70 New Down Payment Assistance Programs Launched During Q3
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
HUD Proposes New Rule for Governing FHA Mortgage Note Sales
HUD is requesting public comment on its proposal by Sept. 16. Continue Reading HUD Proposes New Rule for Governing FHA Mortgage Note Sales
Waltz, a Fintech Start-Up, Offers Platform for Foreign Investors in US Residential Real Estate
“Investing in anything nowadays takes just a few clicks, unless you’re a foreign citizen investing in U.S. property,” said Yuval Golan, founder and CEO of Waltz. Continue Reading Waltz, a Fintech Start-Up, Offers Platform for Foreign Investors in US Residential Real Estate
Foreign Buyers Purchasing Fewer (But More Expensive) US Existing Homes
At $1.3 million, Chinese buyers had the highest average purchase price. Continue Reading Foreign Buyers Purchasing Fewer (But More Expensive) US Existing Homes
Single-Family Housing Starts Down in June
Single-family housing completions in June were at a rate of 1.03 million, which is 1.8% above the revised May rate of 1.01 million. Continue Reading Single-Family Housing Starts Down in June
Mortgage Application Activity in 4% Upswing
The FHA share of total applications increased to 13.5% while the VA share increased to 15.2%. Continue Reading Mortgage Application Activity in 4% Upswing
A Phil Hall Op-Ed: Who Wants to Live in a Post Office?
Why did the USPS wait until now to realize that it had “certain surplus properties” that is could have jettisoned? Continue Reading A Phil Hall Op-Ed: Who Wants to Live in a Post Office?
Builder Confidence Drops to 7-Month Low
NAHB Chief Economist Robert Dietz predicted “Fed rate reductions to begin at the end of this year.” Continue Reading Builder Confidence Drops to 7-Month Low
Real Estate Leaders Push Back at Biden’s Rent Control Proposals
MBA’s Bob Broeksmit slammed Biden’s “politically motivated and self-defeating” proposals. Continue Reading Real Estate Leaders Push Back at Biden’s Rent Control Proposals
The Best and Worst Cities for First-Time Homebuyers Are…
Eight of the 10 worst cities for first-time homebuyers were in California. Continue Reading The Best and Worst Cities for First-Time Homebuyers Are…
Zillow: Price Cuts on One-in-Four Listings in June
Nearly one-quarter of listings (24.5%) received a price cut during June, according to new data from Zillow (NASDAQ:Z, ZG). Last month’s share marked the highest rate at this time of year since Zillow began tracking this data in 2018. Zillow also noted that home value...
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