U.S. Housing Market
A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
The Lamont plan involves giving Connecticut residents one-time tax rebates of either $200 or $400, depending on their filing status and income levels. Continue Reading A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
Conner Homes Debuts Seattle-Area Luxury Home Community
Home prices at Richards Ridge start at $2.39 million and are ready for immediate occupancy. Continue Reading Conner Homes Debuts Seattle-Area Luxury Home Community
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
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
Teachers Federal Credit Union Now Offering VA Loans
“It is our honor to serve those who serve our country,” said Brad Calhoun, president and CEO. Continue Reading Teachers Federal Credit Union Now Offering VA Loans
Revnest, a Marketplace for Vacation Rental Properties, Goes Live
Revnest offers its free listing service for sellers and agents. Continue Reading Revnest, a Marketplace for Vacation Rental Properties, Goes Live
Florida Existing Home Sales Down in August
Last month’s statewide median sales price for single-family existing homes in Florida was $415,000, up 2% year-over-year. Continue Reading Florida Existing Home Sales Down in August
Mortgage Rates Flat, But Still Above 7%
“Given these high rates, housing demand is cooling off and now homebuilders are feeling the effect,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Flat, But Still Above 7%
Renting is Less Costly Than Home Buying 47 of the Top 50 Metros
“We expect more households will remain renters for longer,” said Realtor.com’s Danielle Hale. Continue Reading Renting is Less Costly Than Home Buying 47 of the Top 50 Metros
Fewer Homes Being Flipped
These transactions represented 8% the second quarter’s home sales. Continue Reading Fewer Homes Being Flipped
Existing Home Sales Drop While Prices Keep Rising
The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from the $391,700 in August 2022. Continue Reading Existing Home Sales Drop While Prices Keep Rising
Mortgage Applications Up 5.4%
“Mortgage applications increased last week, despite the 30-year fixed mortgage rate edging back up to 7.31%,” said MBA’s Joel Kan. Continue Reading Mortgage Applications Up 5.4%
