U.S. Housing Market
Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High
The foreclosure inventory rose to 273,000 in March, up from 213,000 a year ago, marking the largest such volume since February 2020. Continue Reading Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High
Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
The Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88 counties by July 1. Continue Reading Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
South Florida Real Estate Gets Increased Inquiries from China
“Asia represents the next major growth market for South Florida real estate,” Alfredo Pujol, chairman of the board of the Miami Association of Realtors. Continue Reading South Florida Real Estate Gets Increased Inquiries from China
Home Sales in Virginia Up 13% Year-Over-Year
The median sales price in Virginia last month was $415,000, up $30,000 from November 2023. Continue Reading Home Sales in Virginia Up 13% Year-Over-Year
Hits and Misses for the Real Estate Week of Dec. 16-20
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 16-20
D.R. Horton to Launch New Master-Planned Community in Utah
The first homes in Viridian are expected to be available for sale in January. Continue Reading D.R. Horton to Launch New Master-Planned Community in Utah
Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 10-14- Seattle Bans Rental Housing Junk Fees
- American Real Estate Association Hires John Blount as Chief Lobbyist
- Better Pushes Back at Attempt by Ex-CEO Vishal Garg to Regain Control of th…
- REMAX and Golfweek Partner on Real Estate and Lifestyles Destination
