U.S. Housing Market
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
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The announcement was framed by having Newsom as a change agent for affordability. Continue Reading Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The Best Market for Rental Housing Is…
However, there were more than a few markets where renters are paying steep premiums. Continue Reading The Best Market for Rental Housing Is…
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
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