U.S. Housing Market
Mortgage Application Activity Down While Home Prices Continue to Rise
The national median single-family existing-home price rose 0.5% year-over-year to $404,300 in the first quarter. Continue Reading Mortgage Application Activity Down While Home Prices Continue to Rise
Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Currently, only disabled veterans who were prisoners of war qualify for property tax exemption in Missouri. Continue Reading Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Mortgage Rates Down for Third Straight Week
Sam Khater, Freddie Mac’s chief economist, observed, “Rates currently stand at their lowest level in the last three spring homebuying seasons.” Continue Reading Mortgage Rates Down for Third Straight Week
Florida’s Burgess Island Listed for Sale at $89 Million
The island was acquired and developed in 1924 by inventor and electrochemist Charles Frederick Burgess. Continue Reading Florida’s Burgess Island Listed for Sale at $89 Million
New Catalog Offers 30 Passive House Designs
Some plans include areas for outdoor living, water features, and Accessible Dwelling Units (ADUs) for additional space. Continue Reading New Catalog Offers 30 Passive House Designs
House Passes Bipartisan Housing Bill
The bill did not include President Trump’s focus to restrict institutional investors from buying single-family houses. Continue Reading House Passes Bipartisan Housing Bill
Kansas Senate Considers Ending the State’s Property Taxes
A retail purchasing surcharge would replace the property taxes as a revenue source. Continue Reading Kansas Senate Considers Ending the State’s Property Taxes
Southern Impression Homes is Now Constructing 7 Build-to-Rent Properties Across Florida
“The creativity and flexibility we bring to the table is unmatched,” says Chris Funk, President and CEO of Southern Impression Homes. Continue Reading Southern Impression Homes is Now Constructing 7 Build-to-Rent Properties Across Florida
NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
The city filed a lawsuit against Mark David Militana, who owns two brownstone buildings on Manhattan’s Upper West Side. Continue Reading NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
Albuquerque House Featured in ‘Breaking Bad’ Relisted at Significant Discount
Once listed at $4 million, it is back for sale at $400,000. Continue Reading Albuquerque House Featured in ‘Breaking Bad’ Relisted at Significant Discount
Hits and Misses for the Real Estate Week of Feb. 2-6
A baseball team gets evicted from its stadium, a five-year-old lawsuit is settled, and a pizza chain loses 250 stores. Continue Reading Hits and Misses for the Real Estate Week of Feb. 2-6
Report: White House Considers Antitrust Investigation of Homebuilders
President Trump and Federal Housing Finance Agency Director Bill Pulte called out builders for not creating enough new housing. Continue Reading Report: White House Considers Antitrust Investigation of Homebuilders
Ohio Gov. DeWine: Abolishing Property Taxes ‘Would Just Be Devastating’
“Sales tax would go up to 17, 18, 19%, 20% sales tax in the state of Ohio on products that you buy,” DeWine said. Continue Reading Ohio Gov. DeWine: Abolishing Property Taxes ‘Would Just Be Devastating’
Century Communities Debuts Luxury Townhome Community in St. Augustine
The development marks the company’s first community in Florida’s St. Johns County. Continue Reading Century Communities Debuts Luxury Townhome Community in St. Augustine
