U.S. Housing Market
New Jersey Home Sales Slump While Prices Keep Rising
The median sale price on a single-family home increased by 4.4% to $590,000. Continue Reading New Jersey Home Sales Slump While Prices Keep Rising
$15 Million Allocated for Virginia Workforce Housing Investment Program
The new funding will be used to support middle-income housing development in 14 localities. Continue Reading $15 Million Allocated for Virginia Workforce Housing Investment Program
Grant Cardone Pushes for Multifamily Construction to Alleviate Housing Shortage
“America cannot build ‘affordable housing’ at enough scale to offset this,” he said. Continue Reading Grant Cardone Pushes for Multifamily Construction to Alleviate Housing Shortage
Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners
The city’s Department of Records found 111 cases of deed fraud last year. Continue Reading Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners
Real Estate Investors Bought Fewer Properties During Q2
Redfin’s report covers both institutional and mom-and-pop investors. Continue Reading Real Estate Investors Bought Fewer Properties During Q2
The Best and Least Educated Cities Are…
Michigan’s Ann Arbor has the highest share of bachelor’s degree holders aged 25 and older, 57.2%. Continue Reading The Best and Least Educated Cities Are…
Rick Beckwitt to Retire From Leadership Role at Lennar
Beckwitt’s retirement will be effective Sept. 1. Continue Reading Rick Beckwitt to Retire From Leadership Role at Lennar
FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects
“Lack of affordable housing is one of the most intractable problems our country faces today,” said Teresa Bryce Bazemore, CEO and president of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects
Hits and Misses for the Real Estate Week of July 10-14
NAR did not explain why it donated $125,000 to a candidate running for mayor of Missoula, Montana. Continue Reading Hits and Misses for the Real Estate Week of July 10-14
Barbara Corcoran Gives TikTok Tour of Her Luxury Mobile Home
“As beautiful as my New York City penthouse is over the park with all this space, it does not have an ocean,” she said. Continue Reading Barbara Corcoran Gives TikTok Tour of Her Luxury Mobile Home
Michael Dell Lists His Boston Penthouse for $35 Million
Dell paid $34 million for the 7,200-square-foot condo with five bedrooms and a 570-square-foot private balcony in 2020. Continue Reading Michael Dell Lists His Boston Penthouse for $35 Million
New Senate Bill Seeks to Overturn FHFA’s LLPA Rule
“The Biden administration is making homeownership more difficult for everyday Americans,” said Sen. Braun. Continue Reading New Senate Bill Seeks to Overturn FHFA’s LLPA Rule
Mortgage Rates Rise to Just Under 7%
“Mortgage rates increased to their highest level since November 2022,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Rise to Just Under 7%
Ex-CEO Mark Willis Returns to Keller Williams as Strategic Consultant
“No one cares more about the agent than Keller Williams,” said Willis. Continue Reading Ex-CEO Mark Willis Returns to Keller Williams as Strategic Consultant
HGTV’s Latest Show: Male Strippers Doing Home Renovations
“The six, hour-long episodes will feature over-the-top casino-inspired style,” promised HGTV’s publicity. Continue Reading HGTV’s Latest Show: Male Strippers Doing Home Renovations
