U.S. Housing Market
New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
“The near-term rent growth outlook was maintained after modest first-quarter rent trends fell in line with expectations,” said Grant Montgomery, national director of multifamily analytics at CoStar Group. Continue Reading New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
Mortgage Rates Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. Continue Reading Mortgage Rates Up for Second Straight Week
Oklahoma Property Tax Relief Measure Set for November Ballot
The ballot resolution would lower the maximum a property value can increase from 3% to 1.75% for primary residences and agricultural land. Continue Reading Oklahoma Property Tax Relief Measure Set for November Ballot
Century Communities Debuts Gated Community Outside of Atlanta
Pricing begins from the low $500,000s. Continue Reading Century Communities Debuts Gated Community Outside of Atlanta
76 Representatives Call on House Leadership to Drop Build-to-Rent Provision from Senate Housing Bill
The representatives cited a forecast from the Urban Institute warning the provision could “decrease the number of rental units built each year by at least 72,000.” Continue Reading 76 Representatives Call on House Leadership to Drop Build-to-Rent Provision from Senate Housing Bill
Florida Home Sales Rise as Prices Decline
The statewide median sales price for single-family existing homes last month was $405,000, down 1.2% from January 2025. Continue Reading Florida Home Sales Rise as Prices Decline
Builders Remain Pessimistic on Single-Family Home Market
“Housing affordability remains an ongoing challenge at the start of 2026,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Remain Pessimistic on Single-Family Home Market
Report: Rental Housing Market Now Considered ‘Renter-Friendly’
A handful of coastal metros remain the exception to the renter-friendly trend. Continue Reading Report: Rental Housing Market Now Considered ‘Renter-Friendly’
Kentucky Considers Freeze on Property Tax Increases for Seniors
The proposal passed Kentucky’s Senate and is now being considered by the General Assembly. Continue Reading Kentucky Considers Freeze on Property Tax Increases for Seniors
Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate
WalletHub noted the average household pays $3,119 in real estate property taxes. Continue Reading Report: Hawaii Offers Lowest Real Estate Tax Rate, New Jersey Burdened with the Highest Rate
Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans
One in seven homebuyers (14.4%) used FHA loans in December, down from 15.1% one year earlier. Continue Reading Report: Fewer Homebuyers Making All-Cash Purchases, Using FHA Loans
NYC Mayor Mamdani Bans Public Housing Tenants from Speaking at ‘Rental Ripoff’ Hearing
The hearing will focus only on privately owned housing. Continue Reading NYC Mayor Mamdani Bans Public Housing Tenants from Speaking at ‘Rental Ripoff’ Hearing
HUD Launches Investigation of Muslim-Only Community Proposed in Texas
Texas Governor Greg Abbott issued a statement supporting HUD’s investigation. Continue Reading HUD Launches Investigation of Muslim-Only Community Proposed in Texas
Vermont Credit Union Debuts Islamic Home Financing Program
NorthCountry Federal Credit Union serves 75,000 accountholders primarily throughout Vermont, New York and New Hampshire. Continue Reading Vermont Credit Union Debuts Islamic Home Financing Program
Hits and Misses for the Real Estate Week of Feb. 9-13
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. Continue Reading Hits and Misses for the Real Estate Week of Feb. 9-13
