U.S. Housing Market
New Initiative Seeks to Abolish Property Taxes in South Dakota
“To me, this petition is all about freedom,” said Julie Frye-Mueller, a former state senator who is one of the leaders of this initiative. Continue Reading New Initiative Seeks to Abolish Property Taxes in South Dakota
Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Future residents will have access to a community swimming pool with a dedicated children’s pool area, an event lawn, fire pits, open green spaces, and a nature-themed playground. Continue Reading Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
“Our residents deserve better than deficits, economic decline and policies that push families and businesses away,” the letter said. Continue Reading Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
Mortgage Credit Availability Up in March
MBA’s Joel Kan noted the credit supply “remains low at nearly 7% below a year ago.” Continue Reading Mortgage Credit Availability Up in March
HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility
“It is unacceptable to deny residents equal use and enjoyment of their homes because of their disability,” said HUD’s Demetria L. McCain. Continue Reading HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility
Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
The platform combines insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with deep learning and generative AI systems. Continue Reading Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
Welker Properties Launches Investor Vehicle for Off-Market Homes
Prophet Homes plans to expand across Texas and the Sunbelt states later in 2024. Continue Reading Welker Properties Launches Investor Vehicle for Off-Market Homes
A Phil Hall Op-Ed: Should Biden Erase Mortgage Debt Along with Student Loan Debt?
When you have a strong economy where people have extra dollars in their pockets, you don’t need political stunts of reducing or removing debt. Continue Reading A Phil Hall Op-Ed: Should Biden Erase Mortgage Debt Along with Student Loan Debt?
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
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
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