U.S. Housing Market
Mortgage Lender Rate Debuts New Division Offering Saunas and Cold Plunges
“Your health is your wealth,” said Victor Ciardelli, CEO of Rate Companies. Continue Reading Mortgage Lender Rate Debuts New Division Offering Saunas and Cold Plunges
Hits and Misses for the Real Estate Week of July 6-10
A university tries to kick an 89-year-old man out of his home, a new wave of young buyers arrives in the housing market, and long-overdue closure at the site of the 9/11 attacks. Continue Reading Hits and Misses for the Real Estate Week of July 6-10
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. Continue Reading Mortgage Rates Tick Up Slightly
Florida Gov. DeSantis Signs Bill for Implementing Property Tax Relief Amendment
The new law, SB 4-F, was approved in a recent special session of the state legislature that also approved a ballot referendum for cutting property taxes statewide. Continue Reading Florida Gov. DeSantis Signs Bill for Implementing Property Tax Relief Amendment
4-Property Multifamily Portfolio in Connecticut Sells for $17.3 Million
The properties were built between 1910 and 1926 and sit on a total of 1.35 acres. Continue Reading 4-Property Multifamily Portfolio in Connecticut Sells for $17.3 Million
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
The acquisition further expands Neighborhood Ventures’ portfolio of Phoenix-area multifamily properties. Continue Reading Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
HomeServices of America Teams with Zillow on ‘Coming Soon’ Pre-Market Listings
The program is available to HomeServices of America-owned companies and the Berkshire Hathaway HomeServices franchise network. Continue Reading HomeServices of America Teams with Zillow on ‘Coming Soon’ Pre-Market Listings
New Initiative Seeks to Abolish Property Taxes in South Dakota
“To me, this petition is all about freedom,” said Julie Frye-Mueller, a former state senator who is one of the leaders of this initiative. Continue Reading New Initiative Seeks to Abolish Property Taxes in South Dakota
Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Future residents will have access to a community swimming pool with a dedicated children’s pool area, an event lawn, fire pits, open green spaces, and a nature-themed playground. Continue Reading Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Florida Home Sales Up While Prices Decline
The statewide level of single-family existing homes was at a 4.8-months’ supply while existing condo-townhouse properties were at a 9.3-months’ supply last month. Continue Reading Florida Home Sales Up While Prices Decline
Builder Confidence Inches Up Very Slightly
“Affordability for buyers and builders remains a top concern,” said NAHB Chairman Bill Owens. Continue Reading Builder Confidence Inches Up Very Slightly
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