U.S. Housing Market
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
Kansas Lawmakers Consider New Cap on Property Tax Assessments
The resolution does not change property tax rates. Continue Reading Kansas Lawmakers Consider New Cap on Property Tax Assessments
Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
The lawsuit noted construction is being positioned in the historic North Beach and Fisherman’s Wharf areas and in formerly off-limits lower-income neighborhoods. Continue Reading Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
White House Dropping Plans for 50-Year Mortgage
“I think we have other priorities,” said FHFA Director Bill Pulte. Continue Reading White House Dropping Plans for 50-Year Mortgage
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%
Poland Leads the World for Miami Property Searches
Most out-of-state searches originated in Georgia. Continue Reading Poland Leads the World for Miami Property Searches
Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
“There are constraints today, but I think should be a bit more optimistic about the next 12 to 24 months,” said Glasgow. Continue Reading Person of the Week: James Glasgow, Chief Investment Officer at Castle Lanterra
RE/MAX: Home Sales Soar 17%
RE/MAX reported homes took an average of 44 days to sell in February. Continue Reading RE/MAX: Home Sales Soar 17%
FHA Raises Loan Limits for Manufactured Homes
The FHA said it will recalculate the program’s loan limits on an annual basis to keep pace with changing home prices. Continue Reading FHA Raises Loan Limits for Manufactured Homes
Single-Family Housing Starts Jump by 11.6%
Single‐family housing completions in February were at a rate of 1.07 million, a 20.2% spike from the revised January rate of 892,000. Continue Reading Single-Family Housing Starts Jump by 11.6%
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