U.S. Housing Market
Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Enrollment in the CreditClimb service costs $20 per year. Continue Reading Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
What Role Does Thanksgiving Play in Homebuying?
Gen Z stands out as the only group tilting toward an extra bathroom (48%) over an extra bedroom (39%). Continue Reading What Role Does Thanksgiving Play in Homebuying?
Report: Fewer Canadians Seeking to Buy US Homes
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Report: Fewer Canadians Seeking to Buy US Homes
New Partnership Seeks to Educate Prospective Homebuyers
The Future Homebuyer Initiative will consist of 10 events across the country. Continue Reading New Partnership Seeks to Educate Prospective Homebuyers
Hits and Misses for the Real Estate Week of June 30-July 4
Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. Continue Reading Hits and Misses for the Real Estate Week of June 30-July 4
Las Vegas housing market: Everything you need to know
Source: Bankrate --- Despite a recent cooldown, the Las Vegas housing market remains fairly competitive as out-of-towners continue to relocate to this famous desert city. Whether you’re a current resident or hope to be one soon, it’s helpful to understand the local...
Eco-Friendly Companies Partner to Develop Zero-Energy Real Estate Communities Across Boston Metro
EcoSmart Solution, a green energy service provider (Green ESP) designing and delivering innovative geothermal infrastructure for zero energy capable communities, announced a long term partnership with RISE, a minority-owned development and construction management firm...
‘We saved probably close to $100K’: Affluent Americans are snatching up prime real estate in other parts of the world — as the US housing market slumps. Here’s how to do it too
Source: Yahoo! Life --- Laetitia Laurent knows the value of looking far and wide for a good deal. The Florida-based business owner and her husband had been hunting for a second home for five years before snagging an incredible bargain — in Paris. She made an offer in...
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Source: The New York Times --- Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to Brooklyn to be closer to her family. After a year of renting, Ms. Wade, a...
Will the Tech Downturn Be the Death of SF Real Estate?
Source: The San Francisco Standard --- With mounting layoffs, sky-high interest rates and empty office buildings, the woes of San Francisco’s struggling tech-driven economy make headlines every day. Yet, as the city’s population shows signs of a comeback, what is the...
CFPB Loses Key IMB Redlining Case
Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
Think the housing market is bad? It’s even worse for affordable housing builders
Source: Deseret News --- The U.S. housing market is in the midst of a painful contraction after 2022 brought a volatile end to about two boiling hot years. It’s tough news — especially for homebuilders — as demand dries up and prices flatline or even begin to drop....
New $45 Million Affordable Housing Development Breaks Ground in Midtown Houston
Feb. 3, 2023 (Staff Writer) -- The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, announced today that it has begun construction of a new $45 million affordable housing development that will create 149 affordable rental apartments for...
New Home Lot Inventory Jumps In 4Q22, Zonda Reports in Lot Supply Index
Feb. 3, 2023 (Staff Writer) -- Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 4Q22. The New Home LSI, backed by data from Zonda, shows lot supply loosened year-over-year across the United States. The index is a...
Home Rents on the Rise: Double-Digit Increases in 52% of U.S. Cities
Feb. 3, 2023 (Staff Writer) -- Rentometer has released their Q4 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are...
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