U.S. Housing Market
Mortgage Rates Down for Third Straight Week
Sam Khater, Freddie Mac’s chief economist, observed, “Rates currently stand at their lowest level in the last three spring homebuying seasons.” Continue Reading Mortgage Rates Down for Third Straight Week
Florida’s Burgess Island Listed for Sale at $89 Million
The island was acquired and developed in 1924 by inventor and electrochemist Charles Frederick Burgess. Continue Reading Florida’s Burgess Island Listed for Sale at $89 Million
New Catalog Offers 30 Passive House Designs
Some plans include areas for outdoor living, water features, and Accessible Dwelling Units (ADUs) for additional space. Continue Reading New Catalog Offers 30 Passive House Designs
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
Case-Shiller: Home Prices Reach Another New High
Home prices in 13 markets were currently at all-time highs. Continue Reading Case-Shiller: Home Prices Reach Another New High
A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Ten real estate-related questions for the two presumptive presidential candidates. Continue Reading A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
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
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