U.S. Housing Market
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Half of US Households Experienced Home Insurance Rate Increases
Among the states, Florida carries the highest home insurance average at $7,136. Continue Reading Half of US Households Experienced Home Insurance Rate Increases
Trump to Push Builders to Increase Home Construction
“I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going,” said Trump. Continue Reading Trump to Push Builders to Increase Home Construction
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Mortgage Application Activity Goes Into Decline
The refinance share of mortgage activity inched up to 27.4% of total applications. Continue Reading Mortgage Application Activity Goes Into Decline
KeyBank Launches New Program to Help Homebuyers with Closing Costs
Cleveland-headquartered KeyBank (NYSE: KEY) has launched KeyBank Neighbors First Credit, the third in its series of Special Purpose Credit Programs designed to help borrowers achieved homeownership. According to the company, KeyBank Neighbors First Credit is designed...
30-Unit Development Site in Philadelphia Brokered for $3 Million
The townhomes are expected to sell in the $600,000-range. Continue Reading 30-Unit Development Site in Philadelphia Brokered for $3 Million
D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million
The acquired homebuilding assets of Truland Homes include approximately 263 lots, 155 homes in inventory and 55 homes in sales order backlog. Continue Reading D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million
UDR Teams with LaSalle on $510 Million Joint Venture Deal
“We are pleased to establish a new joint venture with such a high-quality partner,” said Tom Toomey, UDR’s chairman and CEO. Continue Reading UDR Teams with LaSalle on $510 Million Joint Venture Deal
Mick Jagger’s Florida Home Listed for $3.5 Million
The residence includes a bell tower, complete with a bell. Continue Reading Mick Jagger’s Florida Home Listed for $3.5 Million
American Homeowners Paid $174 Billion in Q1 Property Taxes
“The year-over-year growth rate of property tax collections is more than twice its 15-year average,” said NAHB’s David Logan. Continue Reading American Homeowners Paid $174 Billion in Q1 Property Taxes
Hits and Misses for the Real Estate Week June 26-30
BAHFA is the very rare California entity trying to help people address a serious situation. Continue Reading Hits and Misses for the Real Estate Week June 26-30
$38.1 Million Sale on Nantucket is Most Expensive in Massachusetts History
The property was listed in July 2022 for $56 million and reduced it in April to $48 million. Continue Reading $38.1 Million Sale on Nantucket is Most Expensive in Massachusetts History
Typical US Home Sells for Only $4,000 Less Than Record Price
New listings were down 27% from a year earlier during the four weeks ending June 25. Continue Reading Typical US Home Sells for Only $4,000 Less Than Record Price
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