U.S. Housing Market
Iowa Lawmakers Approve Property Tax Relief Plan at Close of Legislative Session
House Minority Leader Brian Meyer (D-Des Moines) was skeptical that the plan will work as intended. Continue Reading Iowa Lawmakers Approve Property Tax Relief Plan at Close of Legislative Session
FHLBank Chicago Opens 2026 Affordable Housing Program
For this year’s program, $51 million is available, with allocations of up to $2 million per project. Continue Reading FHLBank Chicago Opens 2026 Affordable Housing Program
30-Year Fixed-Rate Mortgage Sinks to 6.01%
A year ago at this time, it averaged 6.85%. Continue Reading 30-Year Fixed-Rate Mortgage Sinks to 6.01%
Pending Home Sales Dipped in January
Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South. Continue Reading Pending Home Sales Dipped in January
Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
California Housing Affordability Sinks to 17-Year Low
On a year-over-year basis, statewide home prices jumped 9% from the second quarter of 2023. Continue Reading California Housing Affordability Sinks to 17-Year Low
Rents Decline in All Bedroom Counts for First Time in 4 Years
The overall rental vacancy rate has remained at 6.6% for four consecutive quarters. Continue Reading Rents Decline in All Bedroom Counts for First Time in 4 Years
HUD Launches New Initiatives to Expand Affordable Housing
HUD launched a $250 million “Legacy Challenge” for transformative housing investments through the Section 108 Loan Guarantee. Continue Reading HUD Launches New Initiatives to Expand Affordable Housing
Nearly 90% of Metro Areas Recorded Q2 Home Price Gains
On the flip side, nearly 10% of markets experienced home price declines in the second quarter. Continue Reading Nearly 90% of Metro Areas Recorded Q2 Home Price Gains
California Bill Would Mandate Time Limit on Homebuyer Agent Contracts
Currently, 19 states require buyer representation agreements. Continue Reading California Bill Would Mandate Time Limit on Homebuyer Agent Contracts
A Phil Hall Op-Ed: Why Did the CFPB Slam the Residential Solar Lender Sector?
Alas, the concept of one-size-fits-all doesn’t fit when it comes to solar energy. Continue Reading A Phil Hall Op-Ed: Why Did the CFPB Slam the Residential Solar Lender Sector?
New Listing Activity Percolates Across Mid-Atlantic Region
Philadelphia’s number of active listings at the end of July was up 17.9% from last year. Continue Reading New Listing Activity Percolates Across Mid-Atlantic Region
Study: Most Homebuyers Find Properties That Fit Their Size Needs
NAHB Senior Economist Paul Emrath noted that “one-third of existing homes in the US. have less than 1,500 square feet of floor space.” Continue Reading Study: Most Homebuyers Find Properties That Fit Their Size Needs
Study: One-Third of Property Managers Offer Concessions on Rental Housing
The new percentage is up significantly from July 2022 when the offering of at least one concession was at a 29-month low at 19.4%. Continue Reading Study: One-Third of Property Managers Offer Concessions on Rental Housing
New Study Names Massachusetts as the Best State to Live In
Louisiana ranked 50th on the list. Continue Reading New Study Names Massachusetts as the Best State to Live In
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