U.S. Housing Market
NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
The city filed a lawsuit against Mark David Militana, who owns two brownstone buildings on Manhattan’s Upper West Side. Continue Reading NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
Albuquerque House Featured in ‘Breaking Bad’ Relisted at Significant Discount
Once listed at $4 million, it is back for sale at $400,000. Continue Reading Albuquerque House Featured in ‘Breaking Bad’ Relisted at Significant Discount
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
Minnesota Property Taxes Could Rise by $1 Billion in 2026
Final property taxes will be determined by the end of the year, and it would be the highest increase of this decade if it holds. Continue Reading Minnesota Property Taxes Could Rise by $1 Billion in 2026
Existing Home Sales Up 9.5%
First-time buyers were responsible for 26% of sales in February, down from 28% in January and 27% in February 2023. Continue Reading Existing Home Sales Up 9.5%
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
Roughly one out of every nine flipped home sales were sold to buyers using a loan backed by the FHA. Continue Reading Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
“I’m calling on realtors to follow through on lowering commissions to protect homebuyers,” said Biden. Continue Reading NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
Chicago Voters Reject ‘Mansion Tax’ Referendum
The referendum was spurned by a 54% to 46% ratio. Continue Reading Chicago Voters Reject ‘Mansion Tax’ Referendum
RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
“Coming Soon listings represent the most recent and sought-after listings in the real estate industry,” said Tom Rossiter, CEO of RESAAS. Continue Reading RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
Agents Prepare for Worst in Wake of NAR Settlement Offer
Weekly Real Estate News polls our readers to find out what their thoughts were in regard to NAR’s settlement offer. Continue Reading Agents Prepare for Worst in Wake of NAR Settlement Offer
NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
Adele Andaloro was arrested for unlawful eviction when she changed the locks on her property. Continue Reading NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
California Home Sales Up 12.8%
Unsold inventory statewide in February was down 6.3% on a month-over-month basis. Continue Reading California Home Sales Up 12.8%
Recent Posts
Mortgage Lender Rate Debuts New Division Offering Saunas and Cold Plunges- Grant Denham Joins Pennsylvania Data Center Partners as Chief of Staff
- Stephen Stroud, Prominent Raleigh-Area Developer, Dies at 83
Hits and Misses for the Real Estate Week of July 6-10- Housing Groups Ask Pulte to Delay New Condo Financing Requirements
