U.S. Housing Market
Florida Home Sales Up While Prices Decline
The statewide median sales price for single-family existing homes in November was $410,000, down by a mild 0.2% compared to one year before. Continue Reading Florida Home Sales Up While Prices Decline
New York State Home Sales Decline as Prices Keep Rising
The median sales price increased 5.0%, rising from $400,000 in November 2024 to $420,000 last month. Continue Reading New York State Home Sales Decline as Prices Keep Rising
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
The development will feature more than 3.5 acres of retail pad sites, which are available for ground lease. Continue Reading ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
RE/MAX Reports ‘Sizeable Jump in May Home Sales’
May’s $423,000 median sales price was the highest since June 2022. Continue Reading RE/MAX Reports ‘Sizeable Jump in May Home Sales’
Fox News’ Bret Baier Seeks to Flip Palm Beach Estate
Baier acquired the property in March 2022 from designer Tommy Hilfiger for $12 million. Continue Reading Fox News’ Bret Baier Seeks to Flip Palm Beach Estate
California Realtors Fault Legislators for Ignoring Homeownership Program in New Budget
“The California Dream for All program is a huge step forward in closing the homeownership and wealth gaps that exist in our state,” said CAR in a statement. Continue Reading California Realtors Fault Legislators for Ignoring Homeownership Program in New Budget
Multifamily Property Management Firm in $75K Settlement Over Violating Servicemembers’ Rights
FPI was accused of imposing unlawful charges on nine servicemembers terminatee their apartment leases after receiving military relocation orders. Continue Reading Multifamily Property Management Firm in $75K Settlement Over Violating Servicemembers’ Rights
Mortgage Rates Down Again
The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. Continue Reading Mortgage Rates Down Again
Redfin: Nearly 40% Fewer Homes for Sale Now Versus the Pre-Pandemic Period
The median home sale price was $381,169, down 1.1% from a year earlier, the smallest decline in more than three months. Continue Reading Redfin: Nearly 40% Fewer Homes for Sale Now Versus the Pre-Pandemic Period
FHA Makes Single-Family Mortgage Documents Available in Five Additional Languages
“These new resources will help prospective homebuyers better understand their transaction,” said Federal Housing Commissioner Julia Gordon. Continue Reading FHA Makes Single-Family Mortgage Documents Available in Five Additional Languages
New Initiative Seeks to Create 4 Million New Hispanic Homeowners by 2030
UnidosUS is also launching launch the first cohort of cities slated to receive targeted investments through the HOMEownership Solutions Network. Continue Reading New Initiative Seeks to Create 4 Million New Hispanic Homeowners by 2030
Realtors’ Economist to Fed: Stop Raising Rates
“The Fed should look forward, not backward,” said NAR Chief Economist Lawrence Yun. Continue Reading Realtors’ Economist to Fed: Stop Raising Rates
Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
23.5% of mortgaged homeowners have a rate below 3%. Continue Reading Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
