U.S. Housing Market
Virginia Home Sales Up 7.3% in December
Virginia’s median sales price was $415,000, up $1,510 from last year for an increase of less than 1%. Continue Reading Virginia Home Sales Up 7.3% in December
Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Cardone said he “floated this concept to administration a week ago” and the president liked the idea. Continue Reading Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Virginia Home Sales Up 9% in September
The statewide median sales price continued in September was $420,000, a mild $800 increase from one year earlier. Continue Reading Virginia Home Sales Up 9% in September
Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Gov. Ned Lamont has yet to comment on the GOP proposal. Continue Reading Connecticut GOP Leaders Propose Historic Expansion of Property Tax Credits
Report: 15% of Home Purchase Agreements Canceled in September
San Francisco, New York’s Nassau County (Long Island) and San Jose had the lowest shares of contract cancellations in September, under 7% each. Continue Reading Report: 15% of Home Purchase Agreements Canceled in September
AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
The lawsuit claims the companies allegedly added unlawful fees for appraisals, inspections, property preservation, and attorneys’ fees or costs. Continue Reading AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
For the first year since 2020, Covid was not among the most common reasons for projects not being completed. Continue Reading Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
Ashcroft Capital Adds South Florida Community to its Portfolio
The acquisition marks Ashcroft’s 10th apartment community within Florida and its first in the South Florida market. Continue Reading Ashcroft Capital Adds South Florida Community to its Portfolio
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley. Continue Reading New Bill Would Ban Hedge Funds from Owning Single-Family Homes
Redfin Launches AI-Powered Tool to Redesign Listing Photos
The new feature is available for all active Redfin listings and eligible sold Redfin listings in the U.S. on Redfin.com and iPhone. Continue Reading Redfin Launches AI-Powered Tool to Redesign Listing Photos
Mortgage Rates Continue to Plummet
“The 30-year fixed-rate mortgage averaged near 7%, down from nearly 7.80% just six weeks ago,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Plummet
Utah’s Governor Proposes Building 35,000 Starter Homes by 2028
“Our kids will never be able to call Utah home if we don’t start building starter homes again,” said Gov. Spencer Cox. Continue Reading Utah’s Governor Proposes Building 35,000 Starter Homes by 2028
California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets
“Some parts of the country continue to pop up on the radar as places to watch for signs of housing-market drop-offs, based on key quarterly measures,” said Rob Barber, CEO at ATTOM. Continue Reading California, New Jersey and Illinois Cited as Most At-Risk Q3 Housing Markets
Fannie Mae: Only 14% of Americans Think It’s a Good Time for Home Buying
More Americans now believe mortgage rates are heading down in the next 12 months. Continue Reading Fannie Mae: Only 14% of Americans Think It’s a Good Time for Home Buying
Private Investment Firm Creates Advisory Board Focused on Real Estate and Mortgages
Board members include Kamini Lane of Coldwell Banker Realty and Kevin Peranio of PRMG Inc. Continue Reading Private Investment Firm Creates Advisory Board Focused on Real Estate and Mortgages














