U.S. Housing Market
Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
Sales in the Northeast decreased 12.2% year-over-year while the median sales price increased 5.7% to $494,500. Continue Reading Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Construction on Phase 1 infrastructure, including demolition, road networks and storm drain systems, is currently underway. Continue Reading WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
House Passes Bipartisan Housing Bill
The bill did not include President Trump’s focus to restrict institutional investors from buying single-family houses. Continue Reading House Passes Bipartisan Housing Bill
Kansas Senate Considers Ending the State’s Property Taxes
A retail purchasing surcharge would replace the property taxes as a revenue source. Continue Reading Kansas Senate Considers Ending the State’s Property Taxes
Southern Impression Homes is Now Constructing 7 Build-to-Rent Properties Across Florida
“The creativity and flexibility we bring to the table is unmatched,” says Chris Funk, President and CEO of Southern Impression Homes. Continue Reading Southern Impression Homes is Now Constructing 7 Build-to-Rent Properties Across Florida
Alabama Home Sales Down After Six Straight Months of Increases
The state recorded 5,974 home sales in last month, a 2.6% decrease from July and a scant 0.66% uptick from August 2023. Continue Reading Alabama Home Sales Down After Six Straight Months of Increases
American Real Estate Association Starts Petition to End NAR’s Clear Cooperation Policy
AREA seeks to promote the petition on social media with the hashtag #EndCC. Continue Reading American Real Estate Association Starts Petition to End NAR’s Clear Cooperation Policy
Pennsylvania’s Housing Market Holds Steady
The state recorded 11,514 home sales in August, a 1% year-over-year decline. Continue Reading Pennsylvania’s Housing Market Holds Steady
Hits and Misses for the Real Estate Week of Sept. 16-20
A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers are among the Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Sept. 16-20
Maine Home Sales Amid Higher Prices and Lower Inventory
The state recorded 1,535 home sales last month, up 1.66% from the 1,150 sales in August 2023. Continue Reading Maine Home Sales Amid Higher Prices and Lower Inventory
NAR Publishes Consumer Resource Series on Post-Settlement Practices
NAR President Kevin Sears said the series “provides an exceptionally clear roadmap for the process of working with an agent who is a realtor.” Continue Reading NAR Publishes Consumer Resource Series on Post-Settlement Practices
Florida Home Sales and Prices in Decline
New listings of single-family homes in August were up by 2.3% compared to a year ago. Continue Reading Florida Home Sales and Prices in Decline
Homes Sales Up While Inventory Shrinks in New York State
The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. Continue Reading Homes Sales Up While Inventory Shrinks in New York State
Mortgage Rates Continue to Slide
The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. Continue Reading Mortgage Rates Continue to Slide
Existing Home Sales Down 2.5%
First-time buyers were responsible for 26% of sales in August, matching the all-time low last seen in November 2021. Continue Reading Existing Home Sales Down 2.5%
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