U.S. Housing Market
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
HUD Investigates Affordable Housing Discrimination Against Whites in Boston
“As you are aware, the Trump administration is dedicated to protecting the civil rights of all Americans,” said HUD’s Craig Trainor in his letter. Continue Reading HUD Investigates Affordable Housing Discrimination Against Whites in Boston
William Holden’s Palm Springs Estate Listed for $11 Million
The property, which was listed as a historic site by the City of Palm Springs in 2018, last sold in 2017 for $3.4 million. Continue Reading William Holden’s Palm Springs Estate Listed for $11 Million
Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
The rebates would be administered by the Florida Department of Financial Services. Continue Reading Florida Lawmaker Proposes $1,000/Year Property Tax Rebate for Next 5 Years
UWM and Bilt Partner on Rewards Program for Mortgage Payments
“This platform helps brokers win new, high-intent, leads from Bilt’s ecosystem,” said UWM’s Mat Ishbia. Continue Reading UWM and Bilt Partner on Rewards Program for Mortgage Payments
Alabama Home Sales Up for Fourth Consecutive Month
The median sales price in May fell by $23,692 to $204,184, a 10.4% year-over-year decline. Continue Reading Alabama Home Sales Up for Fourth Consecutive Month
Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
During May, the $1,653 median apartment asking rent in May was $47 below its record high. Continue Reading Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
Treasury Department Rolls Out New Initiative to Increase Housing Affordability
“Given the scale of the challenge, we must and will continue to do more,” said Treasury Secretary Janet Yellen. Continue Reading Treasury Department Rolls Out New Initiative to Increase Housing Affordability
Hits and Misses for the Real Estate Week of June 17-21
Disappointing housing and personal finance data reports, property tax breaks for an unlikely business and a land transfer that rights a historic wrong. Continue Reading Hits and Misses for the Real Estate Week of June 17-21
New Listings and Median Home Prices Up in Florida, But Sales Are Down
Single-family existing homes were at a 4.4-months’ supply while condo-townhouse inventory was at a 7.2-months’ supply. Continue Reading New Listings and Median Home Prices Up in Florida, But Sales Are Down
New York State Home Sales Continue to Decline
The state’s median sales prices soared by 8.3%. Continue Reading New York State Home Sales Continue to Decline
Existing Home Sales Slip Despite Stronger Inventory
The median existing-home price for all housing types in May was $419,300, a new record high. Continue Reading Existing Home Sales Slip Despite Stronger Inventory
Cityview Acquires Bay Area Multifamily Complex
Tralee Village Apartments sits above more than 30,000 square feet of curated ground-floor retail. Continue Reading Cityview Acquires Bay Area Multifamily Complex
Harvard Study: New Construction Barely Addresses Housing Affordability Challenges
The report cited new record highs for home prices during early 2024. Continue Reading Harvard Study: New Construction Barely Addresses Housing Affordability Challenges
Wisconsin Home Sales Up by 11%
Also on the rise was the median price – $315,500 in May, up 6.9% from $295,000 one year earlier. Continue Reading Wisconsin Home Sales Up by 11%
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