U.S. Housing Market
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
The town of Wellesley, with a population of roughly 30,000, is arguing the 5-acre parking lot at MassBay Community College does not qualify for conversion into housing. Continue Reading Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
The American Dream of Homeownership Is Not Dead, But We’re Sure Making It Hard to Find
The average first-time American homebuyer is 40 years old. Do you think that is acceptable? Continue Reading The American Dream of Homeownership Is Not Dead, But We’re Sure Making It Hard to Find
Nearly 6% of All Home Listings Were Taken Down in April
Atlanta led the nation with one in 10 (10.7%) homes delisted in April. Continue Reading Nearly 6% of All Home Listings Were Taken Down in April
Mortgage Application Activity Declines by 2.5%
The FHA share of total applications dipped to 17.0% from 17.2% the week prior. Continue Reading Mortgage Application Activity Declines by 2.5%
The Best Market for First-Time Homebuyers Is…
“First-time buyers are finally seeing some light at the end of the tunnel,” said Orphe Divounguy, senior economist at Zillow. Continue Reading The Best Market for First-Time Homebuyers Is…
Florida CFO: Abolishing Property Taxes is Unlikely
“I don’t think we’re going to wind up with the place where we get rid of property taxes altogether on homestead or properties,” said Blaise Ingoglia. Continue Reading Florida CFO: Abolishing Property Taxes is Unlikely
Finance of America Reverse Debuts HomeSafe Second Line of Credit
The product is now available in California, with a further rollout planned in the coming weeks. Continue Reading Finance of America Reverse Debuts HomeSafe Second Line of Credit
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes
“We are choosing to say that the people who own homes really are more important,” said Sen. Sonya Halpern (D-Atlanta). Continue Reading Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes
Apartment Rents Up Slightly in March
On an annual basis, rent growth eased slightly to 0.4% in March, down from 0.5% in February and from 1.5% one year earlier. Continue Reading Apartment Rents Up Slightly in March
A Phil Hall Op-Ed: In Search of New Homes
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
New Data Reports Find Cooling but Continued Home Price Gains
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
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