U.S. Housing Market
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
Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Enrollment in the CreditClimb service costs $20 per year. Continue Reading Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
What Role Does Thanksgiving Play in Homebuying?
Gen Z stands out as the only group tilting toward an extra bathroom (48%) over an extra bedroom (39%). Continue Reading What Role Does Thanksgiving Play in Homebuying?
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
New Report Finds Typical Households Still Cannot Afford Median-Priced Homes
February 2021 was the last month on record when the typical household earned more than it needed to afford the median priced home. Continue Reading New Report Finds Typical Households Still Cannot Afford Median-Priced Homes
Case-Shiller and FHFA Data Points to Still-Rising Home Prices
San Diego reported the highest year-over-year gain among the 20 cities with an 11.2% increase in January. Continue Reading Case-Shiller and FHFA Data Points to Still-Rising Home Prices
Riviera Pines, a New Residential Community, Coming to Houston Market
Phase 1 of Riviera Pines is targeted for delivery in the second quarter of 2025. Continue Reading Riviera Pines, a New Residential Community, Coming to Houston Market
A Phil Hall Op-Ed: The Media’s Attacks on Realtors
Editor Phil Hall considers several mainstream media outlets with a peculiar view of how real estate professionals make a living. Continue Reading A Phil Hall Op-Ed: The Media’s Attacks on Realtors
Alosant Debuts Platform to Connect Builders with Homebuyers
According to the company, the new offering will present “a curated, engaging and streamlined passage to homeownership.” Continue Reading Alosant Debuts Platform to Connect Builders with Homebuyers
Koya to Roll Out FSBO Platform for Homebuyers and Sellers
Koya will launch in beta starting in California. Continue Reading Koya to Roll Out FSBO Platform for Homebuyers and Sellers
Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Eligible borrowers can receive a maximum of $2,000 grant contribution at the residential mortgage loan closing. Continue Reading Citizens Trust Bank Unveils Down Payment Assistance Grant Program
New Home Sales Inched Down in February
The median sales price of new houses sold in February was $400,500. Continue Reading New Home Sales Inched Down in February
More Listings, Higher Prices in Florida’s Housing Market
The statewide inventory was up year-over-year by 36.5% for existing single-family homes and up 73.3% for condo-townhouse units. Continue Reading More Listings, Higher Prices in Florida’s Housing Market
Hits and Misses for the Real Estate Week of March 18-22
Attacks on realtors by the Wall Street Journal and President Biden plus some unusual HUD endeavors top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 18-22
