U.S. Housing Market
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Weekly Real Estate News’ publisher calls for a new emphasis on leadership in the real estate profession. Continue Reading An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Hits and Misses for the Real Estate Week of Sept. 22-26
Fewer homes on the market, a stalled wind energy project gets reanimated, and an ancient Roman stadium is unearthed. Continue Reading Hits and Misses for the Real Estate Week of Sept. 22-26
Toll Brothers Opens Model Home for New Luxury Community in Arizona
Homes are priced from $2.5 million. Continue Reading Toll Brothers Opens Model Home for New Luxury Community in Arizona
Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades
Users are presented with estimated renovation costs and the potential increase in their home value. Continue Reading Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades
Christie’s Opens Office in Park City, Utah
The founding agents recorded more than $340 million in closed transaction volume in 2022. Continue Reading Christie’s Opens Office in Park City, Utah
26% of US Homebuyers Seeking to Relocate Elsewhere in the Nation
he California capital of Sacramento is the most popular destination for relocating homebuyers. Continue Reading 26% of US Homebuyers Seeking to Relocate Elsewhere in the Nation
US Housing Market Value Up 49% from the Start of the Pandemic
The housing market’s total value is slightly less than $52 trillion. Continue Reading US Housing Market Value Up 49% from the Start of the Pandemic
Fewer Homes Being Sold, Albeit with Higher Prices
The median sales price of new houses sold last month was $430,300 while the average sales price was $514,000. Continue Reading Fewer Homes Being Sold, Albeit with Higher Prices
A Phil Hall Op-Ed: Addressing New York City’s Housing Problem
There is no consensus on what “affordable” means for New Yorkers. Continue Reading A Phil Hall Op-Ed: Addressing New York City’s Housing Problem
$38.5 Million Construction Loan Closed for Brooklyn Apartment Project
The final project will be completed by the summer of 2025. Continue Reading $38.5 Million Construction Loan Closed for Brooklyn Apartment Project
New Study Finds Affordable Homeownership Sinking to Three-Decade Low
Chief Economist Mark Fleming noted that of the “top 50 markets tracked, 24 markets were overvalued in July.” Continue Reading New Study Finds Affordable Homeownership Sinking to Three-Decade Low
Hits and Misses for the Real Estate Week of Sept. 18-22
A potential new life for a 100-year-old closed theater, federal workplaces that make employees sick and Jerome Powell’s foot on the brake. Continue Reading Hits and Misses for the Real Estate Week of Sept. 18-22
New York State Home Sales Down 18.8% From Last Year
The state’s median sales price of homes was $411,500 in August, up 4.8% from $392,620 one year earlier. Continue Reading New York State Home Sales Down 18.8% From Last Year
