U.S. Housing Market
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
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
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
An observance of the 80th anniversary of a housing discrimination fight led by the Oscar-winning actress. Continue Reading A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
15% of Home Purchase Agreements Canceled During October
San Antonio led the nation in canceled deals, with over one in five (21%) pending home sales falling through in October. Continue Reading 15% of Home Purchase Agreements Canceled During October
Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
