U.S. Housing Market
Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
The governor’s office added the proposal is Michigan’s largest property tax break in over a decade. Continue Reading Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
Luxury Home Sales Up 5% in September
The only two metros where prices dropped were Tampa, Florida (-3.3% to $1.45 million) and Oakland, California (-2.2% to $2.9 million). Continue Reading Luxury Home Sales Up 5% in September
Illinois Home Sales Up 4.6% Year-Over-Year
The monthly median price of $301,000 in September was 3.8% higher than $290,000 from one year before. Continue Reading Illinois Home Sales Up 4.6% Year-Over-Year
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Roll out is slated over the next few weeks. Continue Reading Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Mortgage Applications Plunge to 27-Year Low
Among the federal programs, the FHA share of total applications increased to 14.5% from 14.1% the week prior. Continue Reading Mortgage Applications Plunge to 27-Year Low
August Saw the 139th Consecutive Month of Year-Over-Year Home Price Increases
The median sales price for a single-family home remained at $375,000 in August. Continue Reading August Saw the 139th Consecutive Month of Year-Over-Year Home Price Increases
Fannie Mae in Data Partnership with Pulsenomics
Terry Loebs, founder of Pulsenomics, said this partnership is “the opening of an exciting new chapter in the life of our nearly 15-year survey research effort.” Continue Reading Fannie Mae in Data Partnership with Pulsenomics
Onward Home Mortgage, a New Company, Begins Operations
The company is headquartered in Roswell, Georgia and specializes in residential purchase mortgage lending. Continue Reading Onward Home Mortgage, a New Company, Begins Operations
RentSpree’s New Credit Builder Reports On-Time Rent Payments to Credit History
RentSpree facilitates secure online rent payments that can automatically be reported to TransUnion. Continue Reading RentSpree’s New Credit Builder Reports On-Time Rent Payments to Credit History
Sales Launch at NYC’s Giorgio Armani Residences
This is the first residential offering in Manhattan where Armani personally guided the interior design. Continue Reading Sales Launch at NYC’s Giorgio Armani Residences
WNC Raises $350 Million in Institutional LIHTC Equity
The equity will fund 2,100 residential units in 14 states. Continue Reading WNC Raises $350 Million in Institutional LIHTC Equity
Redfin Exits from National Association of Realtors
CEO Glenn Kelman said, “We love our industry. We’ve tried to love NAR. But enough is enough.” Continue Reading Redfin Exits from National Association of Realtors
Dave Portnoy Sets Massachusetts Real Estate Record with $42 Million Property Purchase
“Nantucket has always been my favorite place on earth,” said the Barstool Sports founder. Continue Reading Dave Portnoy Sets Massachusetts Real Estate Record with $42 Million Property Purchase
Hits and Misses for the Real Estate Week of Sept. 25-29
A cost-saving residential project in the wrong neighborhood, a retailer’s exit from high-crime cities and an old train caboose marketed as a home. Continue Reading Hits and Misses for the Real Estate Week of Sept. 25-29
