U.S. Housing Market
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff
The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly 36% year-over-year. Continue Reading Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
The bill has been referred to the House Committee on Ways and Means for consideration. Continue Reading New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Only 21 New Jersey towns recorded no change or a decrease in their property tax bills. Continue Reading New Jersey’s $10,570 Average Property Tax Bill Hits Record High
Homeowner Affordability Improves Slightly in California
More California households (28%) could afford a typical condo/townhome in the fourth quarter, rising from 27% in the prior quarter and from 25% one year before. Continue Reading Homeowner Affordability Improves Slightly in California
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Report: Increasing Number of VA Loans Being Used in Homebuying
Nationwide, the number of VA loans rose 3% year-over-year in August, while the number of conventional loans declined 9%. Continue Reading Report: Increasing Number of VA Loans Being Used in Homebuying
Greystar Begins Pre-Leasing at New Pennsylvania Apartment Community
Community amenities include a resident lounge, fitness center, heated swimming pool, dog park, and EV charging. Continue Reading Greystar Begins Pre-Leasing at New Pennsylvania Apartment Community
Report: Most Housing Discrimination Complaints Were Disability Related
Complaints based on national origin rose 8.45% from the previous year, marking the highest number since 2018. Continue Reading Report: Most Housing Discrimination Complaints Were Disability Related
NYC Voters Approve Proposals to Streamline Affordable Housing Development
All three proposals passed with more than 56% of voter approval. Continue Reading NYC Voters Approve Proposals to Streamline Affordable Housing Development
FHLBank Topeka Awards $5 Million in Native American Housing Grants
This year’s grants are being presented to 16 tribes and tribally designated housing entities in Colorado, Kansas, Nebraska, and Oklahoma. Continue Reading FHLBank Topeka Awards $5 Million in Native American Housing Grants
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Recent Posts
Hits and Misses for the Real Estate Week of March 16-20- Virginia Home Sales Up 7.4% in February
- Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
- New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
- Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
