U.S. Housing Market
Century Communities Begins Sales at New Arizona Gated Community
Pricing for the homes begins in the low $300,000s. Continue Reading Century Communities Begins Sales at New Arizona Gated Community
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year
Builder Confidence Inches Up Slightly
The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly
CrossCountry Mortgage Now Offering Spanish-Language Loan Application
“Our support for the Hispanic community extends well past translated materials,” says Eric Wilson, chief marketing officer. Continue Reading CrossCountry Mortgage Now Offering Spanish-Language Loan Application
RE/MAX in $55 Million Settlement Agreement Over Antitrust Charges
The company added that it would use available cash to pay the settlement amount. Continue Reading RE/MAX in $55 Million Settlement Agreement Over Antitrust Charges
The Metro With the Most Expensive Median Price Per Square Foot Is…
The cities offering the lowest price per square foot are Cleveland ($133), Memphis ($143) and Pittsburgh ($147). Continue Reading The Metro With the Most Expensive Median Price Per Square Foot Is…
Builder Confidence in Single-Family Home Market Drops for Second Straight Month
“High mortgage rates are clearly taking a toll on builder confidence and consumer demand,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence in Single-Family Home Market Drops for Second Straight Month
A Phil Hall Op-Ed: Existing Home Sales in 2024? Fuggedaboutit!
WRE News editor Phil Hall considers a new survey on home renovations and its potential impact on existing home sales. Continue Reading A Phil Hall Op-Ed: Existing Home Sales in 2024? Fuggedaboutit!
FHFA Seeks Applicants for Affordable Housing Advisory Committee
The Committee is strictly an advisory body and does not have a policymaking role. Continue Reading FHFA Seeks Applicants for Affordable Housing Advisory Committee
The House from the Horror Classic ‘Halloween’ Listed at $1.8 Million
The property’s owners have been known to leave a basket on the porch and prop pumpkin for visitors to pose with. Continue Reading The House from the Horror Classic ‘Halloween’ Listed at $1.8 Million
New Book Helps First-Time Homeowners Adapt to Their Surroundings
“Young couples do not typically have the maintenance knowledge their parents and grandparents did,” said author Marlene Byrne. Continue Reading New Book Helps First-Time Homeowners Adapt to Their Surroundings
Hits and Misses of the Real Estate Week Sept. 11-15
The effort to save Marilyn Monroe’s final home from demolition, credit unions losing ground in mortgage origination and HGTV’s unlikely new series. Continue Reading Hits and Misses of the Real Estate Week Sept. 11-15
60,000 Home Purchase Agreements in August Were Canceled
“New listings have likely bottomed out,” said Redfin’s Chen Zhao. Continue Reading 60,000 Home Purchase Agreements in August Were Canceled
