U.S. Housing Market
New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Only 21 New Jersey towns recorded no change or a decrease in their property tax bills. Continue Reading New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Homeowner Affordability Improves Slightly in California
More California households (28%) could afford a typical condo/townhome in the fourth quarter, rising from 27% in the prior quarter and from 25% one year before. Continue Reading Homeowner Affordability Improves Slightly in California
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Zillow: US Has 550 Million-Dollar Cities, a New Record High
California led the nation with 210 million-dollar cities, more than the next five states combined. Continue Reading Zillow: US Has 550 Million-Dollar Cities, a New Record High
CoreLogic: Annual Home Price Growth Up 5.5% in February
CoreLogic projected that year-over-year home price gains will continue through 2024, albeit at a slower pace. Continue Reading CoreLogic: Annual Home Price Growth Up 5.5% in February
Capital Square Completes Construction on Single-Family BFR Community Outside Dallas
The 18-acre development includes a mix of one-, two- and three-bedroom single-family homes. Continue Reading Capital Square Completes Construction on Single-Family BFR Community Outside Dallas
Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion
“Z Life is crafting ecosystems for living that meet the needs and aspirations of the younger generation,” said CEO Weina Zhang. Continue Reading Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion
A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?
Buyers face a new environment with greater costs at every level of the process. Continue Reading A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?
NYC Homeowners Sued by Squatters Removed from Their Property
“Somebody broke into my house, and I’m in court getting sued by them,” said Denis Kuryland. Continue Reading NYC Homeowners Sued by Squatters Removed from Their Property
Barbara Corcoran Predicts Lower Rates Will Drive Home Prices ‘Through the Roof’
Real estate investor and “Shark Tank” star Barbara Corcoran has warned that that lower interest rates will results in home prices going “through the roof.” In an interview with Yahoo Finance, Corcoran opined that lower rates would bring more buyers into a housing...
MBA Voices Opposition to Biden’s Rent Cap Proposal
“Rent control has consistently proven to be a failed policy,” said MBA President and CEO Bob Broeksmit. Continue Reading MBA Voices Opposition to Biden’s Rent Cap Proposal
Hits and Misses for the Real Estate Week of March 25-29
In the spotlight: The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. Continue Reading Hits and Misses for the Real Estate Week of March 25-29
Virginia Home Sales Up Amid Spike in New Listings
Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. Continue Reading Virginia Home Sales Up Amid Spike in New Listings
