U.S. Housing Market
New Data Reports Highlight Mild But Continued Home Price Acceleration
FHFA Director Bill Pulte made no public acknowledgement of the home price increases. Continue Reading New Data Reports Highlight Mild But Continued Home Price Acceleration
Georgia Home Sales Down 9% During November
During November, the median sales price dipped by 1% to $356,000 while the average sales price inched up 2% to $449,463. Continue Reading Georgia Home Sales Down 9% During November
Foreclosure Activity Up 13% Year-Over-Year
Lenders started the foreclosure process on 24,302 properties last month, up 12% from June and up 11% from July 2024. Continue Reading Foreclosure Activity Up 13% Year-Over-Year
Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
“When people truly understand the process, they will succeed,” said Beeston. Continue Reading Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Source: Business Insider --- US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases, according to real-estate veteran and board member of the Mortgage Bankers Association Jeff Taylor. "I anticipate on a...
Map: Here’s where home prices are dropping the most
Source: Yahoo! News --- Homebuyers are finally gaining leverage in the housing market, but where they can get the best discounts on home prices varies from metro to metro. Some of the most popular pandemic boomtowns such as Phoenix and Seattle, plus perennially...
Austin realtors push back on Central Texas real estate market ‘bust’
Source: MySA --- Those with vested interests in the Austin housing market have swapped emotional places over the last six months. Sellers and landlords, once jumping for joy at the leverage with which they could insist on all-cash offers right now, and, by the way,...
Here’s what’s happening with home prices as mortgage rates fall
Source: CNBC --- The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled from historic lows. Home prices, however, have been stickier. Prices began falling last June, but are still higher than they were a year ago. Now,...
Home prices are down — but not enough to ease affordability
Source: Bankrate --- Home prices are still high. But they’re not rising quite as much. Nearly 90 percent of the country’s metro areas saw single-family home prices rise in the fourth quarter of 2022, according to the newly released Metropolitan Median Home Prices and...
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone
Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly "singles tax" of nearly $7,000, according to an analysis by Zillow. While singles across the country pay a high price for a solo...
Alliance Bring $3.8M in Affordable Housing Funding to DC Suburb
Home buyers in search of affordable housing in the DC Metro may find more homes in their price range soon. The City of Falls Church has launched an Affordable Homeownership Program (CFCAHP), which will make $3.8 million available to support affordable homeownership....
Will home prices go down?
Source: Bankrate --- In 2022, hopeful homebuyers were up against sky-high interest rates and rock-bottom inventory deficits. These factors put homeownership out of reach for many people, particularly first-time buyers, who saw monthly mortgage payments on a typical...
In Fast-Growing Georgia, These Areas Are Leading the Housing Price Surge
Source: NewsBreak --- Georgia residents are more than familiar with population growth. It's been happening around them for decades, after all. The nation's 12th-fastest growing state in 2022, Georgia has seen a nearly 14% population increase since 2010. While the...
More San Francisco homes selling below asking price. Could that trend come to L.A.?
Source: Los Angeles Times --- The San Francisco Bay Area has developed a famous (or infamous) reputation over the years for its housing prices, driven in part by the tech industry’s mammoth presence in the region, with cash-flush workers who could parlay stocks into...
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