U.S. Housing Market
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
Survey: 1 in 5 Americans Have Lived in a Storage Unit
The survey also found that 84% of Americans would consider sleeping in a storage unit if they became homeless. Continue Reading Survey: 1 in 5 Americans Have Lived in a Storage Unit
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
“We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
Cindy Chance Named CEO at The Appraisal Institute
Chance replaces Jim Amorin, who stepped down last November. Continue Reading Cindy Chance Named CEO at The Appraisal Institute
Rent Prices Continue Downward Trend
Miami was the least affordable rental market, where renters would have spent 44.2% of their monthly paycheck on the typical rental. Continue Reading Rent Prices Continue Downward Trend
Hits and Misses for the Real Estate Week of Aug. 14-18
Warren Buffett’s investment in homebuilding stocks, a derelict home offered to buyers for a dollar, and a halt to construction on a San Francisco tower. Continue Reading Hits and Misses for the Real Estate Week of Aug. 14-18
RE/MAX: July Home Sales Down 14.7% From June
Only Kansas City recorded a year-over-year new listings uptick at 1.8%. Continue Reading RE/MAX: July Home Sales Down 14.7% From June
Bobby Flay Cooks Up $3.3 Million Listing for Saratoga Springs Vacation Home
The celebrit chef acquired the property in 2021 for $1.7 million. Continue Reading Bobby Flay Cooks Up $3.3 Million Listing for Saratoga Springs Vacation Home
Michigan House Listed for Sale at $1 – Seriously, $1
“This home is not just a house — it’s a ticket to the real estate adventure of a lifetime,” said the listing. Continue Reading Michigan House Listed for Sale at $1 – Seriously, $1
CFPB Penalizes Freedom Mortgage and Realty Connect for Kickback Scheme
CFPB Director Rohit Chopra said his agency “will be vigilant in rooting out anti-competitive behavior that interferes with consumers’ ability to choose financial products and services.” Continue Reading CFPB Penalizes Freedom Mortgage and Realty Connect for Kickback Scheme
Mortgage Rates Top 7%, Highest Level in Over 20 Years
The 30-year fixed-rate mortgage averaged 5.13% one year ago. Continue Reading Mortgage Rates Top 7%, Highest Level in Over 20 Years
New Construction Accounts for One-Third of Listed Single-Family Homes
The portion of new homes within the total inventory is nearly double the pre-pandemic share of about 17% in the second quarter of 2019. Continue Reading New Construction Accounts for One-Third of Listed Single-Family Homes
California Home Prices Record First Year-Over-Year Uptick Since October
The statewide median price was $832,340 last month, a scant 0.2% uptick from a revised $830,870 one year ago. Continue Reading California Home Prices Record First Year-Over-Year Uptick Since October
