U.S. Housing Market
Venterra Realty Opens New Houston-Area Multifamily Community
The company said the property was created with its proprietary Quiet Building sound insulating construction. Continue Reading Venterra Realty Opens New Houston-Area Multifamily Community
New Listings and Pending Sales Up Across New York State
he median sales price across New York State was $427,628, a 3% upswing from the $415,000 price in September 2024. Continue Reading New Listings and Pending Sales Up Across New York State
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. Continue Reading Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
The new bill applies only to individuals selling their primary residence and does not apply to home flippers or real estate investors. Continue Reading New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
“The national mortgage delinquency rate remained at a historic low in June,” said Molly Boesel, principal economist for CoreLogic. Continue Reading Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
Mortgage Rates Drop, But Still Above 7%
“Recent volatility makes it difficult to forecast where rates will go next,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Still Above 7%
Elon Musk Under Federal Probes for Allegedly Using Tesla Funds to Build a Glass House
Musk responded, “I’m not building a house of any kind, let alone a glass one!” Continue Reading Elon Musk Under Federal Probes for Allegedly Using Tesla Funds to Build a Glass House
Tracy Kasper Named NAR President, Ensures a ‘Welcoming, Safe and Respectful Workplace’
“Our commitment to our staff and our members is unwavering,” she said. Continue Reading Tracy Kasper Named NAR President, Ensures a ‘Welcoming, Safe and Respectful Workplace’
Core Specialty Insurance Holdings Enters the Mortgage Reinsurance Market
The company will provide excess of loss reinsurance on selected Freddie Mac and Fannie Mae mortgages. Continue Reading Core Specialty Insurance Holdings Enters the Mortgage Reinsurance Market
Q2 Investor Home Purchases Down 45% from One Year Earlier
In terms of market share, investors bought 15.6% of homes that were sold in the second quarter, down from 19.7% from one year ago. Continue Reading Q2 Investor Home Purchases Down 45% from One Year Earlier
Jason Kopcak Resigns as AAMC’s CEO
AAMC reported a second quarter net loss of $3.8 million earlier this month. Continue Reading Jason Kopcak Resigns as AAMC’s CEO
Backflip Debuts AI-Enabled My Leads for Property Investors
Backflip said beta testers for My Leads are experiencing 10 hours or more time savings per week. Continue Reading Backflip Debuts AI-Enabled My Leads for Property Investors
Aspen Property Seeks to Break Sales Record with $105 Million Listing
This would be the first Colorado home sale over the $100 million level. Continue Reading Aspen Property Seeks to Break Sales Record with $105 Million Listing
Pending Home Sales Inched Up in July
“Rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Inched Up in July
