U.S. Housing Market
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Builder Confidence in Mild Uptick
“Currently, one-third of housing inventory is new construction, compared to historical norms of a little more than 10%,” added NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence in Mild Uptick
A Phil Hall Op-Ed: Lower Those Mortgage Rates…Or Else?
The threat by homebuyers to sit on the sidelines until mortgage rates continue to decline is not an act of idle petulance. Continue Reading A Phil Hall Op-Ed: Lower Those Mortgage Rates…Or Else?
Most Homeowners Waiting for Mortgage Rates to Drop Before Selling
he survey found 85% of potential sellers were happy with the amount of equity they have in their home. Continue Reading Most Homeowners Waiting for Mortgage Rates to Drop Before Selling
Survey Finds Homeowners Delaying Improvement Projects Due to Inflation
Energy efficient renovation were high on the list of 59% of the surveyed homeowners. Continue Reading Survey Finds Homeowners Delaying Improvement Projects Due to Inflation
UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
“This entitled land provides us with a pipeline of new sites to generate profitable sales and should result in improved operating results,” said Samuel A. Landy, president and CEO at UMH Properties. Continue Reading UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
US Rents Post First YOY Decline in Three Years
The major metro areas with the greatest year-over-year rent declines were Austin (-11%), Chicago (-9.2%), New Orleans (-3%), Birmingham (-2.9%) and Cincinnati (-2.9%). Continue Reading US Rents Post First YOY Decline in Three Years
New Record Set on Median Apartment Rents in Manhattan
Manhattan’s apartment vacancy rate inched up from 2.30% in February to 2.54% in March. Continue Reading New Record Set on Median Apartment Rents in Manhattan
Proper Rate Launches Same Day Mortgage
The service is being marketed to allow borrowers to compete against all-cash buyers. Continue Reading Proper Rate Launches Same Day Mortgage
Mortgage Rates Drop For Fifth Straight Week
Rates are at their lowest level in two months. Continue Reading Mortgage Rates Drop For Fifth Straight Week
Welcome Homes Expands Proptech Services to Georgia and North Carolina
The company is now operating in nine states. Continue Reading Welcome Homes Expands Proptech Services to Georgia and North Carolina
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