U.S. Housing Market
Mamdani Focuses on Housing During First Day as NYC Mayor
Mamdani also signed an executive order revoking all orders issued by former Mayor Eric Adams following his indictment in September 2024 on federal corruption charges. Continue Reading Mamdani Focuses on Housing During First Day as NYC Mayor
A Phil Hall Op-Ed: Predictions for the Real Estate World in 2026
The coming year will see major changes in Congress, the Federal Reserve, and the housing market. Continue Reading A Phil Hall Op-Ed: Predictions for the Real Estate World in 2026
Builders Continue to Have Little Confidence in the Housing Market
37% of builders reported cutting prices in August, down from 38% in July. Continue Reading Builders Continue to Have Little Confidence in the Housing Market
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Texas new homes are taking longer to sell, and prices are down, but overall sales are still showing “remarkable stamina”
New homes in Texas are taking longer to sell and average home prices are lower, according to a new HomesUSA.com New Home Sales Report released today by Ben Caballero, real estate agent and HomesUSA.com CEO. The HomesUSA.com New Home Sales Report uses Multiple...
Infrastructure Restructure
Source: Best Lawyers --- The last few years have seen significant changes in the business world: the COVID-19 pandemic, rising inflation and interest rates, work-from-home trends, supply chain problems, the rise of ESG in corporate boardrooms and more. To the outside...
With Home Prices Stabilizing, Realtors Looking Forward to Good Spring Home Buying Season
Home sales nationwide in January were up 6% from a year ago and are 39% higher than in 2020, according to Zillow’s first monthly market report of 2023. Buyers took advantage of slightly lower mortgage rates in January, but sellers have yet to join the fray. The number...
Luxury Real Estate Market Insulated From Rising Rates and Inflation Performs Well
A five-year review of markets included in the Forbes Global Properties curated consumer marketplace of luxury homes has revealed a 34% increase in sales price within the top 20% of 2022 transactions. Furthermore, numerous markets, including the domestic and...
New Real Estate Alliance will Put $1 Billion into Vertical Farm Development
The Monthly Dividend Company and Plenty Unlimited Inc. have entered into a strategic real estate alliance to support the development of Plenty's indoor vertical farms. Under the terms of the agreement, Realty Income will acquire and provide development funding for...
Prices for single-family homes are falling in these cities
Source: CNN Business --- Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a year ago. Single-family median home prices increased 4% in the fourth quarter from a year ago to...
Will your city favor buyers or sellers? Real estate report makes predictions for 2023
Source: The Hill --- (NEXSTAR) – The days of 40-person bidding wars and offers that are six figures over asking may be over, according a recent analysis of the 2023 real estate market. The national median home price rose 17.6% in 2021, then another 10% in 2022. Those...
HUD and State of Louisiana Reach Agreement to Free 3,300 Louisianans from Road Home Repayment Obligations
HUD Secretary Marcia L. Fudge was in New Orleans, Louisiana last week to announce the closure of the Road Home program, which she said will free 3,300 Louisianans from repayment obligations. With the State’s compliance with HUD’s corrective action, the State will...
Tennessee Housing Association Launches Virtual Marketplace for Manufactured Housing
The Tennessee Housing Association (THA) has launched an online virtual marketplace of factory-built homes available in Tennessee. The consumer platform allows Tennessee homebuyers to browse, select, tour, and shop Tennessee manufactured homes and modular homes for...
Sales of New York Real Estate Down in January, But Prices Up Slightly
The median closed sales price for real estate sold in the region from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains increased by 0.90% in January to $575,000, up from $570,000 in December 2022, according to OneKey MLS. Between...
Recent Posts
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