U.S. Housing Market
July’s Housing Market Had 51.3% More Sellers Than Buyers
“Buyers are dropping out faster than sellers, giving the buyers who remain more options and more negotiating power,” said Asad Khan, a senior economist at Redfin. Continue Reading July’s Housing Market Had 51.3% More Sellers Than Buyers
Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden
The garden would have been razed in favor of a 123-unit housing project, but the plan drew opposition from many local residents. Continue Reading Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden
Fewer Foreign Buyers Acquiring US Existing Homes
The top five US markets based on the percentage of all foreign buyers were Florida (20%), California (19%), Texas (12%), New Jersey (4%), and Georgia (4%). Continue Reading Fewer Foreign Buyers Acquiring US Existing Homes
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Florida’s Fraternal Order of Police Opposes Property Tax Amendment
“Public safety should never become collateral damage with uncertain fiscal consequences,” said the organization. Continue Reading Florida’s Fraternal Order of Police Opposes Property Tax Amendment
First Suspect Arrested in Texas Real Estate Fraud Scheme
Courtney Lister is currently being held on a combined $230,000 bond. Continue Reading First Suspect Arrested in Texas Real Estate Fraud Scheme
Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
“We like to say that we are putting God’s love into action,” said Danielle Johnson, executive director of Wichita Habitat for Humanity. Continue Reading Habitat for Humanity to Create ‘Pope Leo Village’ in Wichita
Hits and Misses for the Real Estate Week of April 13-17
A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. Continue Reading Hits and Misses for the Real Estate Week of April 13-17
Florida Home Sales Continue to Rise
The statewide median sales price for single-family existing homes in March was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Continue to Rise
Survey: More Homeowners Choose to Renovate Instead of Relocate
The most popular upgrade was painting (47%), followed by bathroom (43%) and kitchen (40%) improvements Continue Reading Survey: More Homeowners Choose to Renovate Instead of Relocate
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
“A person moving into the typical rental spends less each month than someone buying a starter home today,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
Mortgage Rates Decline for Second Straight Week
“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week
Q1 Foreclosure Filings Up 26% From Last Year
One in every 1,211 housing units had a foreclosure filing during the first quarter. Continue Reading Q1 Foreclosure Filings Up 26% From Last Year
Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
Seven of March’s 10 most expensive home sales were in coastal Florida. Continue Reading Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
The City with the Most Affordable Rent Is…
Miami ranked last among the more than 180 cites analyzed in the new WalletHub study. Continue Reading The City with the Most Affordable Rent Is…













