U.S. Housing Market
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
FCP has retained Greystar to manage the property. Continue Reading FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
The residence, which was custom-built in 2002 for Jones, features five bedrooms, 12 bathrooms, and five half-bathrooms. Continue Reading Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
Indiana Home Sales Up 4%
Homes sold for a median price of $270,000, unchanged from September but 6% higher than in October 2024. Continue Reading Indiana Home Sales Up 4%
NYC Rents Soared in Month Before Mamdani’s Election
In Manhattan’s luxury real estate market, median prices reached $11,995, a 20% year-over-year spike. Continue Reading NYC Rents Soared in Month Before Mamdani’s Election
Redfin Debuts AI-Powered Tool Offering Listing Information
Redfin plans to make Ask Redfin visible by default in more markets and available on additional platforms in the future. Continue Reading Redfin Debuts AI-Powered Tool Offering Listing Information
Former Boston-Area College Campus to Become Multifamily Community
Alexan Chelmsford will be a 32-acre community with a 340-unit luxury multifamily residence. Continue Reading Former Boston-Area College Campus to Become Multifamily Community
Biden Offers Rare Acknowledgment of Housing Challenges with New Proposals
“I know the cost of housing is so important to you,” said Biden during his State of the Union. Continue Reading Biden Offers Rare Acknowledgment of Housing Challenges with New Proposals
Mortgage Rates Dip, But Still Close to 7%
The 30-year fixed-rate mortgage averaged 6.88% as of March 7, down from last week when it averaged 6.94%. Continue Reading Mortgage Rates Dip, But Still Close to 7%
The Best Month For Selling a House Is…
“The best time to list is when it makes the most sense for their lives,” said Zillow Chief Economist Skylar Olsen. Continue Reading The Best Month For Selling a House Is…
Three States Have 34 of the 50 Most At-Risk County Housing Markets
The Midwest and South had the most markets considered least likely to decline. Continue Reading Three States Have 34 of the 50 Most At-Risk County Housing Markets
Q4 2023 Home Equity Up by 8.6%
The total number of mortgaged homes in negative equity decreased by 1.1% to 1 million homes, or 1.8% of all mortgaged properties. Continue Reading Q4 2023 Home Equity Up by 8.6%
Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
The Biden agenda proposes increasing the corporate tax rate to 28% and the corporate minimum tax to 21%. Continue Reading Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Properties sold for $1.5 million or more would be forced to pay a 3% transfer tax, which is four times the current rate. Continue Reading Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter
“We are removing a hurdle from the loan application process,” said Cyndi Danko, senior vice president and single-family chief credit officer. Continue Reading Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter
Recent Posts
Keller Williams Acquires 1,200-Agent Jason Mitchell Group- Texas Man Charged in ‘Church Flipping’ Real Estate Fraud Scheme
- Jimmy Carrion Promoted to President and CEO at Lloyd Jones
- Alec Baldwin’s On-Again, Off-Again Listing of His Hamptons Estate is …
- State Realtor Groups Provide Financial Help to Wildfire Victims in Colorado…
