U.S. Housing Market
Report: Mobile Home Median Listing Price Down 5.7% Year-Over-Year
“Mobile homes offer a unique opportunity to build equity with a significantly lower monthly housing payment,” said Joel Berner, senior economist at Realtor.com. Continue Reading Report: Mobile Home Median Listing Price Down 5.7% Year-Over-Year
New Mexico State Fair Site to be Redeveloped with Housing and a Stadium
The project can only proceed as designed if several privately owned parcels at the southwest corner of the fairgrounds can be acquired. Continue Reading New Mexico State Fair Site to be Redeveloped with Housing and a Stadium
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
“We have got, like, everybody in the whole Cabinet working on trying to get housing to be more affordable,” Kevin Hassett said. Continue Reading Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
Pittsburgh City Council Approves 20% Property Tax Hike
Mayor Ed Gainey has 10 days to decide whether to accept or veto the spending plan. Continue Reading Pittsburgh City Council Approves 20% Property Tax Hike
Mortgage Application Volume Up Nearly 10%
The holiday adjusted Refinance Index increased 19% from the previous week and was 30% higher than the same week one year ago. Continue Reading Mortgage Application Volume Up Nearly 10%
HUD Awards $40 Million to Housing Counseling Services
HUD plans to award grants to more than 150 housing counseling agencies and intermediary organizations. Continue Reading HUD Awards $40 Million to Housing Counseling Services
Guaranteed Rate Debuts RateReduce Sell Program
Chicago-headquartered Guaranteed Rate has enhanced its RateReduce offering to include RateReduce Sell, a program designed to help real estate agents facing a challenging home sales market. According to the company, RateReduce Sell provides real estate agents the...
Lennar to Open New Community in Raleigh Suburb
Pricing at Franklin Townes begins in the high $200,000s. Continue Reading Lennar to Open New Community in Raleigh Suburb
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Jacob Deutsch has a prior criminal history with a wire fraud conviction stemming from an insurance fraud scheme. Continue Reading Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
The plaintiffs’ attorneys argued NAR and the brokerages were “rehashing” arguments they “lost over and over again” during the trial. Continue Reading NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
Tejon Ranch to Begin Construction on Multifamily Community
Construction will begin in late January, with the first units becoming available in the first half of 2025. Continue Reading Tejon Ranch to Begin Construction on Multifamily Community
Are Housing Inventory Levels on the Rise?
“The number of homes on the market is still low relative to pre-pandemic levels,” said Realtor.com’s Danielle Hale. Continue Reading Are Housing Inventory Levels on the Rise?
Mortgage Credit Availability Down in December to 11-Year Low
“Ongoing industry consolidation is resulting in more loan programs being removed from the marketplace,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in December to 11-Year Low
Landsea Homes Corp. Acquires Antares Homes for $232.2 Million
The transaction adds 2,298 of owned or controlled lots to Landsea Homes’ portfolio. Continue Reading Landsea Homes Corp. Acquires Antares Homes for $232.2 Million
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