U.S. Housing Market
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
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
A diverse range of opinions can be found on the site formerly known as Twitter. Continue Reading A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
Builder Confidence at Highest Level in Eight Months
“We expect more consumers to jump off the sidelines and into the marketplace if mortgage rates continue to fall later this year,” said NAHB Chairman Carl Harris. Continue Reading Builder Confidence at Highest Level in Eight Months
Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
Andreesen and his wife acquired the 1.54-acre property in 2007 for $16.6 million. Continue Reading Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
Hits and Misses for the Real Estate Week of March 11-15
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 11-15
National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Last month, the organization vowed to appeal the Sitzer/Burnett verdict. Continue Reading National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Redfin: February’s New Listings Up 14.8% from Last Year
The new numbers echo a similar data report from Zillow. Continue Reading Redfin: February’s New Listings Up 14.8% from Last Year
Texas Attorney General Sues Real Estate Development for Fraudulent Practices
“Colony Ridge’s business model is predicated on churning land purchasers through a foreclosure mill,” said the lawsuit. Continue Reading Texas Attorney General Sues Real Estate Development for Fraudulent Practices
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. Continue Reading Mortgage Rates Drop Again
Zillow: New Listings Up 21%
Typical home values are up from last year in all but three major metros. Continue Reading Zillow: New Listings Up 21%
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