U.S. Housing Market
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Pulte also resumed his online attacks on the Federal Reserve chairman with a post that said, “Jerome Powell should resign, immediately.” Continue Reading FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Delaware Home Sales and Prices Down in June
New listings were up last month by 5.17% to 1,587, compared to the 1,509 listings from June 2023. Continue Reading Delaware Home Sales and Prices Down in June
The New Normal: Million-Dollar Starter Homes
The typical luxury home sold for a record $1.18 million in the second quarter. Continue Reading The New Normal: Million-Dollar Starter Homes
Q2 Home Sellers’ Profit Margins Remained Stagnant
The profit margin’s lack of movement occurred despite the median home price reaching a record high of $365,000. Continue Reading Q2 Home Sellers’ Profit Margins Remained Stagnant
Rocket Mortgage Tops Mortgage Servicer Satisfaction Study for 10th Straight Year
The study is based on responses from 15,020 customers who have been with their current mortgage loan servicer for at least one year. Continue Reading Rocket Mortgage Tops Mortgage Servicer Satisfaction Study for 10th Straight Year
Iowa’s Housing Inventory Up 32% from Last Year
The median sales price jumped 6.4% in June to $250,000. Continue Reading Iowa’s Housing Inventory Up 32% from Last Year
Home Sales Slip in Virginia
During June, the statewide median sales price reached $431,380, a 5% year-over-year increase of more than $20,000. Continue Reading Home Sales Slip in Virginia
Rhode Island’s Median Home Price Hits New High
During June, Rhode Island recorded a 19.1% year-over-year decline in home sales. Continue Reading Rhode Island’s Median Home Price Hits New High
New Data Reports Offer Rival Views of the Rental Housing Markets
Austin and Wichita top the rankings published by Realtor.com and RentCafe, respectively. Continue Reading New Data Reports Offer Rival Views of the Rental Housing Markets
New Home Sales Down While More Properties Sit on the Market Longer
Nearly two-thirds of homes that were on the market in June were listed for at least 30 days without going under contract. Continue Reading New Home Sales Down While More Properties Sit on the Market Longer
Mortgage Application Activity Drops While Forbearance Levels Inch Up
The number of loans in forbearance increased in June for the first time since October 2022. Continue Reading Mortgage Application Activity Drops While Forbearance Levels Inch Up
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