U.S. Housing Market
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
“We have got, like, everybody in the whole Cabinet working on trying to get housing to be more affordable,” Kevin Hassett said. Continue Reading Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
Pittsburgh City Council Approves 20% Property Tax Hike
Mayor Ed Gainey has 10 days to decide whether to accept or veto the spending plan. Continue Reading Pittsburgh City Council Approves 20% Property Tax Hike
Hits and Misses for the Real Estate Week of July 1-5
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. Continue Reading Hits and Misses for the Real Estate Week of July 1-5
Rent Control Measure Added to California’s November Ballot
The California Apartment Association has emerged as the leading opponent to this endeavor. Continue Reading Rent Control Measure Added to California’s November Ballot
Mortgage Rates Rise to Just Below 7%
The 30-year fixed-rate mortgage averaged 6.95% as of July 3. Continue Reading Mortgage Rates Rise to Just Below 7%
Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors
Ameritex Homes start in the $200,000s and are located across Texas. Continue Reading Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors
FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. Continue Reading FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
A message from the publisher of Weekly Real Estate News. Continue Reading Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
Redfin: Median Sales Price Hits New Record High
The greatest year-over-year median sale price increases was recorded in Anaheim, California (14.7%). Continue Reading Redfin: Median Sales Price Hits New Record High
US Home Affordability Continued to Fray During Q2
Median home ownership costs in 582 of the 589 counties analyzed in the second quarter were less affordable than in the past. Continue Reading US Home Affordability Continued to Fray During Q2
Mansion Tax Proposal Coming Back to Connecticut
Gov. Ned Lamont has not commented on the proposal. Continue Reading Mansion Tax Proposal Coming Back to Connecticut
Mortgage Application Activity Slumps Again
The FHA share of total applications remained unchanged at 13.1%. Continue Reading Mortgage Application Activity Slumps Again
