U.S. Housing Market
Tech Trends: Updated Solutions to Assist Housing Professionals
Updates from RESAAS, Matic, WFG National Title Insurance Company, and Bevri. Continue Reading Tech Trends: Updated Solutions to Assist Housing Professionals
Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
The governor’s office added the proposal is Michigan’s largest property tax break in over a decade. Continue Reading Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Murdoch first listed the penthouse in 2022 for $62 million. Continue Reading Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Hits and Misses for the Real Estate Week of April 1-5
In the spotlight: A bizarre attack on a major mortgage company, an about-face by the Federal Reserve and a luxury retailer is coming to San Francisco. Continue Reading Hits and Misses for the Real Estate Week of April 1-5
Minneapolis Brokerage Opens First Office in Florida
“A number of our agents who winter in Florida or spend significant time there asked for this expansion,” said CEO Greg Mason. Continue Reading Minneapolis Brokerage Opens First Office in Florida
‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
“I’m on a mission to find out the story behind America’s strangest and most extraordinary homes,” said host Jack McBrayer. Continue Reading ‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
Survey: Half of Homeowners and Rents Struggle with Housing Payments
Among the respondents, the most common sacrifice (34.5%) was taking no or fewer vacations. Continue Reading Survey: Half of Homeowners and Rents Struggle with Housing Payments
Zillow: Half of 2023’s Homebuyers Were First-Timers
Last year’s figure represented the highest share in the report’s six-year history and is up from a low of 37% in 2021. Continue Reading Zillow: Half of 2023’s Homebuyers Were First-Timers
Tech Trends: A Quartet of Updated Offerings
This week’s offerings can help locate lost phone and screen for tenants with pets. Continue Reading Tech Trends: A Quartet of Updated Offerings
Mortgage Rates Still Hovering Near the 7% Level
“We do not expect rates will decrease meaningfully in the near-term,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Still Hovering Near the 7% Level
Northeast and Midwest Lead the Nation with Highest Property Taxes
The average tax on single-family homes in the U.S. increased last year by 4.1% to $4,062. Continue Reading Northeast and Midwest Lead the Nation with Highest Property Taxes
