U.S. Housing Market
More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
Also on the rise was the median sold price in July – $450,999, up 2.5% year-over-year. Continue Reading More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region
California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
“Cities throughout California must play by the same set of rules established by our legislature for the development of housing,” said CAR President Tamara Suminski. Continue Reading California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit
Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Last month’s issuance grew the agency’s MBS portfolio outstanding grew to $2.99 trillion. Continue Reading Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
Attorney General Todd Blanche declined to say if the Department of Justice was reviewing legal options to halt the tax from taking effect. Continue Reading Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
Mortgage Rates Decline Slightly
The 30-year fixed-rate mortgage averaged 6.67% as of Aug. 13, down from last week when it averaged 6.69%. Continue Reading Mortgage Rates Decline Slightly
National Median Asking Rent Down for 34th Straight Month
Las Vegas led the nation as the metro with the greatest level of renter loyalty. Continue Reading National Median Asking Rent Down for 34th Straight Month
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
“Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn’t been solved,” said Kara Ng, senior economist at Zillow. Continue Reading Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
The town of Wellesley, with a population of roughly 30,000, is arguing the 5-acre parking lot at MassBay Community College does not qualify for conversion into housing. Continue Reading Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
Indiana Tops the Realtor.com Affordability & Homebuilding Report Card Rankings
New York, Massachusetts, Rhode Island, Hawaii, Connecticut and California all carried F grades for the second consecutive year. Continue Reading Indiana Tops the Realtor.com Affordability & Homebuilding Report Card Rankings
Q1 Title Insurance Premiums Totaled $4.5 Billion
The title insurance industry paid nearly $151 million in claims during the first quarter, down from about $161 million in claims paid during the same period one year earlier. Continue Reading Q1 Title Insurance Premiums Totaled $4.5 Billion
Hits and Misses for the Real Estate Week of June 8-12
A new CFPB director is named, New York City nuns address the affordable housing shortage, and Alec Baldwin tries once more to sell his Hamptons estate. Continue Reading Hits and Misses for the Real Estate Week of June 8-12
Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed for $1.45 Million
The 2-acre estate features a 2,400-square-foot primary residence and a 1,500-square-foot guest house. Continue Reading Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed for $1.45 Million
Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel
The builder is proposing a community of two-story single-family homes on a 29.5-acre property that was previously the site of the Eastside Cannery hotel and casino complex Continue Reading Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel
Mortgage Rates Are Back on the Rise
The 30-year fixed-rate mortgage averaged 6.52% as of June 11. Continue Reading Mortgage Rates Are Back on the Rise
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4- 2 California Real Estate Investment Executives Charged with Running a Ponzi…
- Trump Tells Fed to Cut Rates or He’ll Cease Trade with Some Countries
- Bamboo Insurance Debuts Texas Essential Homeowner Program
- FHFA’s Pulte: ‘We Are Seriously Considering Bi-Merge’
