U.S. Housing Market
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes
Homeowner anger at rising property taxes could dominate the 2026 state-level elections. Continue Reading A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
U.S. Housing Inventory Hits a Two-Year High as Demand Cools
Source: Mansion Global --- The number of homes for sale in the U.S. hit a two-year high in October, according to a report from Realtor.com Thursday. Active listings increased 33.5% since October 2021 to the highest level since 2020, with a 2.8% increase over October...
Housing market predictions: the forecast for the next 5 years
Source: Bankrate --- It’s been a wild real estate ride over the last few years. After a red-hot market characterized by bidding wars, low interest rates and elevated prices, mortgage rates increased to the highest level in 20 years, leading to a slowdown of both...
Housing Market Could See Further Fallout From Fed’s Inflation Fight
Source: Forbes --- Federal Reserve Chair Jerome Powell views the U.S. housing market as “very overheated” after the pandemic, and he believes supply and demand need to get back into balance. Powell spoke at a November 2 press conference as the U.S. Federal Reserve...
10 Reasons Why Austin, Texas Is The Hottest Real Estate Market In The United States Right Now
Source: Times Square Chronicles --- Austin, Texas is one of the fastest growing cities in the United States. With more people flocking to Texas from many parts of the country, the city’s real estate market is amongst the hottest in the country right now. We’ll take a...
As mortgage rates hit 20 year high, Tampa Bay housing market braces for a cool down
Source: Tampa Bay Times --- A home-buying frenzy triggered by historically low mortgage rates helped elevate Tampa Bay from a hidden gem to a real estate hot spot over the past two years. But now that rates have shot back up, experts say buyers are finally hitting the...
Opinion: Solving the housing affordability issue
Source: Real Trends --- In a recent chat with two PropTech executives concerned about rising house prices, an interesting linguistic distinction was the focus of our discussion. The two words were affordable and affordability. In the housing market, the first has a...
U.S. Home Price Insights – November 2022
Source: CoreLogic --- Through September 2022 with Forecasts through September 2023 Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through September 2022 with forecasts through September...
Why it may be time to buy into the slumping real estate market
Source: Yahoo! News --- As the U.S. housing market says goodbye to low mortgage rates—and home sales slump as a result— here's the big question: Is it now time to invest in residential real estate? “For investors like us (it) is an opportunity, actually, to scoop up...
As House Prices Start To Moderate, How Bad Could It Get?
Source: Forbes --- There is no shortage of pessimism in the housing market today. U.S. house prices have declined since June. However, prices are generally up year-on-year, and the market is seasonal with prices and activity typically higher in the summer and lower in...
How the U.S. Housing Market Became Such a Dumpster Fire
Source: The Ringer --- Skyrocketing mortgage rates. Rent prices falling by their fastest pace in years (from their highest inflation rate in decades). Buyers and sellers are freaked out. What the hell is going on with American real estate? Today is a very special...
