U.S. Housing Market
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
“They’re thinking about things that we’ve all talked about in our industry,” he said. Continue Reading United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
More Homes Were Equity Rich During Q2
ATTOM also noted that 2.7% of mortgaged residences were seriously underwater in the second quarter. Continue Reading More Homes Were Equity Rich During Q2
Pending Home Sales Down During June
The Northeast recorded a 2.1% uptick in pending home sales from May but remained unchanged from June 2024. Continue Reading Pending Home Sales Down During June
$100M Housing Options Grant Program Opens in PA
The Pennsylvania Housing Finance Agency today has opened the application process for the $100 million Housing Options Grant Program. This program provides a new affordable housing development tool by making additional money available to create or preserve more...
Homebuying Demand May Finally Be Turning a Corner
House hunters are wading into the market as mortgage rates and home prices continue to decline, according to a new report from Redfin, the technology-powered real estate brokerage. Mortgage-purchase applications increased for the fourth week in a row and...
Tax Deadline Extended For California 1031 Exchanges
California residents and real estate investors looking to begin a 1031 exchange are being encouraged to act now, according to Peak 1031 Exchange. The recent IRS extensions allow qualifying California taxpayers to extend any exchange deadline that falls after...
Mortgage Delinquencies Continue to Fall, Nearing Two Years of the Downward Trend
CoreLogic, a global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for January 2023. For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency...
First Quarter of 2023 Brings a Mixed Bag of Housing Data
ATTOM, a curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Affordability Report showing that median-priced single-family homes and condos are less affordable in the first quarter of 2023 compared to historical averages in 94...
Why Would a House Not Get Any Offers In Today’s Market
There's no doubt that today's real estate market is...difficult. Homes are spending an outstanding 75 days on the market, up from a low of 31 days set in May 2022. This is the longest time on market since February 2020. Days on market is a metric that tracks the time...
Florida Governor Signs Affordable Housing Law
Today, Governor Ron DeSantis signed Senate Bill 102, known as the "Live Local Act," a comprehensive, statewide workforce housing strategy designed to increase the availability of attainable housing options for Florida workers who seek to live in the communities they...
Gen Z is coming for the housing market
Source: Insider --- Soli Cayetano finally had some time on her hands. The soon-to-be college graduate was stuck at home in the spring of 2020 and coasting through Zoom classes. Normally her part-time job leasing out office space kept her busy, but those services...
Experts predicted a real estate slowdown in 2023. How is Tampa Bay holding up?
Source: Tampa Bay Times --- What goes up must come down. After nearly two years of explosive growth in the housing sector, economists and real estate experts said sales could take a major dip in 2023. But so far, that hasn’t happened. Kristine Smale, an executive vice...
Gen Z Homebuyers Prefer Smart Homes over Large Homes
Many U.S. homebuyers and sellers are rethinking their approach to achieving their real estate goals, according to a study commissioned by RE/MAX. 2022 saw a notable increase in mortgage rates compared to historic lows in 2020-21 and with many economic factors to watch...
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