U.S. Housing Market
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Rocket Mortgage Unveils 1% Down Payment Program
The company added that the program eliminates the need for the mortgage insurance fee. Continue Reading Rocket Mortgage Unveils 1% Down Payment Program
Hits and Misses for the Real Estate Week of May 15-19
Beyonce and Jay Z, Disney and Ron DeSantis, and SeaWorld San Diego are in the spotlight. Continue Reading Hits and Misses for the Real Estate Week of May 15-19
Mortgage Applications on New Home Purchases Up 4.1%
“This was the third straight month of year-over-year growth in applications,” said MBA’s Joel Kan. Continue Reading Mortgage Applications on New Home Purchases Up 4.1%
Median US Home Price Dips to $371K
Home sale prices declined in 28 of the nation’s 50 largest metro areas. Continue Reading Median US Home Price Dips to $371K
California’s Median Home Price Back Above $800K
While prices remained elevated, sales activity was enervated. Continue Reading California’s Median Home Price Back Above $800K
Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves
70% of Gen Z apartment renting dog owners said they would consider moving if they could tell their dog was unhappy in their residence. Continue Reading Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves
Home Sales Continue to Plummet in New York State
Only 31,177 homes were available for sale in New York State last month. Continue Reading Home Sales Continue to Plummet in New York State
Unenchanted April: Existing Home Sales Down Last Month
The median existing-home price for all housing types in April was $388,800. Continue Reading Unenchanted April: Existing Home Sales Down Last Month
US Rental Market Growth Slows to Near-Stagnation
This was the slowest growth rate since the beginning of the pandemic. Continue Reading US Rental Market Growth Slows to Near-Stagnation
Florida Home Sales Down 17.2% in April
Existing condo-townhouse sales totaled 10,040, a 26.8% slide from April 2022. Continue Reading Florida Home Sales Down 17.2% in April
