U.S. Housing Market
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
The Builders Alliance is a collection of 10 homebuilders focused on creating time and cost savings and end-to-end project management. Continue Reading Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
New York State Median Home Sale Price Breaks Record High
Closed sales were down from 10,286 homes last year to 10,046 last month, a 2.3% decline. Continue Reading New York State Median Home Sale Price Breaks Record High
Florida Home Sales and Prices Down for July
The statewide median sales price for single-family existing homes in July was $410,000, down 1.7% compared to one year before. Continue Reading Florida Home Sales and Prices Down for July
Pennsylvania Housing Inventory Hits 3-Year High
The median home price rose 6.5% year-over-year to $320,000 in July. Continue Reading Pennsylvania Housing Inventory Hits 3-Year High
FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
The deadline to file a claim is March 18. Continue Reading FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
Florida’s Single-Family Home Sales Down 10.3% for 2023
The statewide median sales price for single-family existing homes at year’s end was $410,000, up 1.9% from the previous year. Continue Reading Florida’s Single-Family Home Sales Down 10.3% for 2023
New York State Ends 2023 with Record-Low Home Inventory
The $380,000 median sales price was 10.1% higher than the $345,000 price in December 2022. Continue Reading New York State Ends 2023 with Record-Low Home Inventory
Ameris Bank Debuts Borrower Assistance Program in Jacksonville
The program follows Ameris Bank’s $9 million settlement last October with the U.S. Department of Justice to resolve redlining allegations. Continue Reading Ameris Bank Debuts Borrower Assistance Program in Jacksonville
Builder Confidence Up by 7 Points
Many builders continue to reduce home prices to boost sales. Continue Reading Builder Confidence Up by 7 Points
Mortgage Applications for New Home Purchases Up 22.2%
The average loan size for new homes increased from $390,049 in November to $405,368 in December. Continue Reading Mortgage Applications for New Home Purchases Up 22.2%
Existing Home Sales Were Down for December
The median existing home price for all housing types in December was $382,600, a year-over-year increase of 4.4%. Continue Reading Existing Home Sales Were Down for December
Mortgage Rates Drop to 8-Month Low
The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18. Continue Reading Mortgage Rates Drop to 8-Month Low
Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
Among the 64 markets where median three-bedroom rents require less than one-third of average local wages, 59 are in the Midwest and South. Continue Reading Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
Housing Starts Down for December
This is down by 8.6% from the revised November figure of 1.12 million. Continue Reading Housing Starts Down for December
