U.S. Housing Market
Kentucky Considers Freeze on Property Tax Increases for Seniors
The proposal passed Kentucky’s Senate and is now being considered by the General Assembly. Continue Reading Kentucky Considers Freeze on Property Tax Increases for Seniors
Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate
WalletHub noted the average household pays $3,119 in real estate property taxes. Continue Reading Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate
Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
The Best Month and Day to Sell a Home Is…
The greatest seller premiums were generated in May, February and April. Continue Reading The Best Month and Day to Sell a Home Is…
New Data, Old Story: Home Prices Keep Going Up
Realtor.com also noted that the median list price increased from $424,900 to $430,000 between March and April. Continue Reading New Data, Old Story: Home Prices Keep Going Up
Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement
The house was built in 1958, which led to online speculation that it could have been a Cold War-era fallout shelter. Continue Reading Florida Home Becomes TikTok Sensation Over Dungeon-Style Basement
FHFA and HUD Announce New Reconsideration of Value Policies
FHFA Director Sandra L. Thompson said the policies will “help ensure that consumers are treated fairly.” Continue Reading FHFA and HUD Announce New Reconsideration of Value Policies
New 1 Million SF Development Planned for Brooklyn Waterfront
Serhant Real Estate has been contracted to market the condos. Continue Reading New 1 Million SF Development Planned for Brooklyn Waterfront
Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
The fund will focus on acquiring and enhancing multifamily properties ranging from 20 to 50 units. Continue Reading Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
Mortgage Demand Slumps Again
The Refinance Index was down by 3% from the previous week and was down 1% lower than the same week one year ago. Continue Reading Mortgage Demand Slumps Again
Rising Housing Prices Force Adult Kids to Move Back with Parents
46% of parents said their adult children returned home to live with them at some point. Continue Reading Rising Housing Prices Force Adult Kids to Move Back with Parents
Guest Opinion: What’s Next for the Federal Home Loan Banks?
“Forthcoming actions and public engagement in 2024 include clarifying the FHLBank System mission,” said FHFA Director Thompson. Continue Reading Guest Opinion: What’s Next for the Federal Home Loan Banks?
Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
The trade groups repeatedly praised the Biden administration in the letter. Continue Reading Trade Groups Ask Lawmakers for Action on Expanding Housing Supply
