U.S. Housing Market
Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Cardone said he “floated this concept to administration a week ago” and the president liked the idea. Continue Reading Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Pennsylvania Home Sales and Prices Dropped in December
The decline in sales was mirrored by a decline in new listings – 30,595 in December, compared to 34,812 one year earlier. Continue Reading Pennsylvania Home Sales and Prices Dropped in December
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
NEADA is also predicting higher natural gas costs, with the average household gas bill increasing from $639 to $693. Continue Reading Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’
Musk began to jettison his residential real estate holdings in May 2020. Continue Reading Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’
S&P Case-Shiller: Home Prices Are Rising Again
“The modest increases in home prices we saw a month ago accelerated in March 2023,” said Craig J. Lazzara, managing director at S&P Dow Jones Indices. Continue Reading S&P Case-Shiller: Home Prices Are Rising Again
State Farm Ends Home Insurance Sales in California
The company is the leading home insurance firm in California. Continue Reading State Farm Ends Home Insurance Sales in California
New Investment Platform Focuses on Manufactured Housing Communities
Bryan Gordon, chairman and CEO of MV+ and M2C, noted, “Manufactured housing has been somewhat ignored by many sophisticated real estate investors.” Continue Reading New Investment Platform Focuses on Manufactured Housing Communities
Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies
Closinglock CEO and Co-founder Andy White called the offering “a game-changer for the real estate industry.” Continue Reading Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies
Study: Increased Home Construction Will Fuel Furniture Sales
The report cited an “increasing immigrant population” as helping to speed the furniture sector’s growth. Continue Reading Study: Increased Home Construction Will Fuel Furniture Sales
Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million
The 28-acre property includes five buildings encompassing a total of 7,280 square feet. Continue Reading Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million
OUCH! US Homeownership Rate at Lowest Level Since 1970
As homeownership levels sank, rental housing levels increased. Continue Reading OUCH! US Homeownership Rate at Lowest Level Since 1970
Colonial Savings Exits the Origination Space, Focusing on Mortgage Servicing
The company’s origination business has its roots in Fort Worth Mortgage, which was founded in 1952. Continue Reading Colonial Savings Exits the Origination Space, Focusing on Mortgage Servicing
Ryan Serhant Begins Shooting New Real Estate-Focused TV Show
Serhant’s new show is on location at a triplex penthouse in the world’s tallest condominium tower. Continue Reading Ryan Serhant Begins Shooting New Real Estate-Focused TV Show
