U.S. Housing Market
Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?
Mississippi homeowners have the least to gain in this scenario. Continue Reading Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?
Hits and Misses for the Real Estate Week of July 28-Aug. 1
The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. Continue Reading Hits and Misses for the Real Estate Week of July 28-Aug. 1
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
New Home Sales Up in February
The median sales price of new houses sold in February 2025 was $414,500 while the average sales price was $487,100. Continue Reading New Home Sales Up in February
NAR Adds New MLS Policy for ‘Delayed Marketing Exempt Listings’
The National Association of Realtors (NAR) has unveiled “Multiple Listing Options for Sellers,” a new policy that is designed to exist in conjunction with its Clear Cooperation Policy. According to NAR, the policy introduces a new category of exempt listings called...
Make an offer — something real estate agents haven’t said in a long time
Source: WTop News--- For the first time in nearly 18 months, the average home sold for less than list price in August, according to a market analysis by real estate company Redfin. Not a lot less, and not enough to raise a red flag for the “sell side” of the housing...
Liz Weston: Should you tap your home equity as real estate values rise?
Source: Oregon Live --- Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since the start of the pandemic, and the average homeowner with a...
‘Housing correction’ is coming. What homeowners, buyers and sellers should know.
Source: M Live --- Coming out of the pandemic shutdown lit the match for housing demand, and it’s been burning hot for nearly two years straight — but a housing correction is finally on the horizon. Two-thirds of the nation’s largest housing markets are overvalued,...
Why the Housing Market Is Not in Recession
Source: Knowledge at Wharton --- Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Home sales are falling in response to rising interest rates, but there’s still a mismatch of supply and demand, he said....
Adjustable rate mortgages are back
Source: Maine Public --- ARI SHAPIRO, HOST: With mortgage rates up sharply, a lot more homebuyers are turning to adjustable-rate loans. These can be more affordable - at least at first - but they come with a big risk - that your mortgage payment might go up a lot in...
Mortgage Rates in September: A Smooth Ride, Then Turbulence
Source: Nerd Wallet --- September mortgage rates forecast Interest rates on fixed-rate mortgages are likely to remain fairly stable in the first three weeks of September. The forecast gets murkier at the end of the month. That's because the Federal Reserve will...
US mortgage lenders are starting to go bankrupt — how this one factor could be triggering the worst surge of failures since 2008
Source: Yahoo --- The real estate market just can’t catch a break, with inventory of resale homes remaining low and rising interest rates making it harder for buyers to justify making the leap. And now we can add mortgage lender bankruptcies — and the rise (and fall)...
The US housing market is still in the red
Source: The Cryptonomist --- US: housing market shows no signs of recovering The recession is ascertained, but one fact that certifies the severity of the event and worries markets is that highlighted by Goldman Sachs researchers who published “The Housing Downturn:...
Navigating new-home construction sales
Source: Chicago Agent Magazine --- The relationship between homebuilders and real estate brokers is constantly changing and getting cozier in today’s market. Brokers in the business of representing those buying and selling residential real estate will often tell you...
Homeowners lose wealth as rising interest rates weigh on home values
Source: CNBC --- Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several months, with mortgage rates now double what they were at the...
