U.S. Housing Market
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
New foreclosure filings across the city nearly doubled over the first six months of 2025 compared to the second half of last year. Continue Reading Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Sen. Tim Sheehy Lists Montana Estate for $10.25 Million
The property, called Bird Point, is located along 2,400 feet of protected shoreline and encompasses three residences. Continue Reading Sen. Tim Sheehy Lists Montana Estate for $10.25 Million
Hits and Misses for the Real Estate Week of June 23-27
Cryptocurrency permeates housing policy, HUD muscles its way into a new headquarters, and Cincinnati will not have a new football stadium. Continue Reading Hits and Misses for the Real Estate Week of June 23-27
Why is a Rhode Island Property Tax Being Named After Taylor Swift?
Swift has not been seen in Rhode Island since last August when she hosted a celebrity-filled party at her property. Continue Reading Why is a Rhode Island Property Tax Being Named After Taylor Swift?
Current National Mortgage Rates: September 28, 2022—Rates Are The Highest They’ve Been In A Year
Source: Forbes --- The average rate on a 30-year fixed mortgage is 6.98%, according to Bankrate.com, while the average rate on a 15-year mortgage is 6.09%. On a 30-year jumbo mortgage, the average rate is 7.02%, and the average rate on a 5/1 ARM is 5.11%. Today’s...
The US reckons with a new housing bubble
Source: The Cryptonomist --- The most useful feature of the housing market is that it is an excellent thermometer for the country’s economy. It anticipates what will be, so when the market concerned is the American market, which is 25% of the planet’s economy,...
Ask a Broker: Is the real estate market really slowing down?
Source: Aspen Daily News --- The Roaring Fork Valley seems to always be in demand — and that is still true, even with the uncertainty in today’s market. The roaring ’20s, meaning 2020 and 2021, saw the biggest demand in housing our nation has ever experienced. Our...
The Jeff Bezos-Backed Real Estate Company Is On A Buying Spree For Single-Family Homes
Source: Yahoo --- The real estate investment platform backed by Amazon.com Inc founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties,...
4 Surprising Reasons Homebuyers’ Real Estate Deals Fall Through Today: Could Yours Be Next?
Source: Realtor.com --- Owning a home is the American dream, but at the moment it’s more like homebuying cancel culture. According to a 2022 survey by home warranty site Cinch Home Services of 1,000 Americans who have tried to buy or sell a home in the past year, more...
Why the Fed’s housing reset risks a global recession
Source: Housing Wire --- When Federal Reserve Chairman Jerome Powell talked about a housing reset in June, it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting, held last week, Powell finally clarified what he meant by...
John Paulson on Frothy US Housing Market: This Time Is Different
Source: Yahoo --- John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet another frothy housing market some 15 years later, the founder of...
With Mortgage Rates Soaring, the Housing Market Takes Another Hit
Source: The New York Times --- As the average 30-year mortgage rate eclipses 7 percent, home buyers and sellers are confronting sticker shock. The interest rate for the most common home loan in the United States surpassed 7 percent this week, by one measure — the...
Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market
Source: The Paradise --- Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted...
These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Source: Fortune --- Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course, disagreed. Back in May, Zandi came...
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