U.S. Housing Market
NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
One- to three-family homes worth at least $5 million and co-ops and condominiums valued at $1 million or more are subject to the tax. Continue Reading NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
The first project will be the conversion of the former LA World Trade Center, which will be re-branded as “Sky Castle.” Continue Reading New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles
Hits and Misses for the Real Estate Week of June 8-12
A new CFPB director is named, New York City nuns address the affordable housing shortage, and Alec Baldwin tries once more to sell his Hamptons estate. Continue Reading Hits and Misses for the Real Estate Week of June 8-12
Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed for $1.45 Million
The 2-acre estate features a 2,400-square-foot primary residence and a 1,500-square-foot guest house. Continue Reading Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed for $1.45 Million
Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel
The builder is proposing a community of two-story single-family homes on a 29.5-acre property that was previously the site of the Eastside Cannery hotel and casino complex Continue Reading Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel
Alabama Homes Sales Record Uptick Amid Expanded Active Listings
The median sales price increased by $33,726 compared to a year ago to $245,615, a 15.9% spike. Continue Reading Alabama Homes Sales Record Uptick Amid Expanded Active Listings
Hits and Misses for the Real Estate Week of Jan. 19-23
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s new mayor has a plumbing update. Continue Reading Hits and Misses for the Real Estate Week of Jan. 19-23
Kentucky Home Sales Up 14.5% for December
The median sales price of $270,500 was down 1.7% from November and up 4.0% from December 2024. Continue Reading Kentucky Home Sales Up 14.5% for December
Wisconsin Home Sales Rise Despite Decline in New Listings
The median price for December was $312,750, up by 2.5% from one year earlier. Continue Reading Wisconsin Home Sales Rise Despite Decline in New Listings
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners. Continue Reading Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Virginia Home Sales Up 7.3% in December
Virginia’s median sales price was $415,000, up $1,510 from last year for an increase of less than 1%. Continue Reading Virginia Home Sales Up 7.3% in December
Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Cardone said he “floated this concept to administration a week ago” and the president liked the idea. Continue Reading Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Pennsylvania Home Sales and Prices Dropped in December
The decline in sales was mirrored by a decline in new listings – 30,595 in December, compared to 34,812 one year earlier. Continue Reading Pennsylvania Home Sales and Prices Dropped in December
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
REMAX: December Home Sales Up 14.9%
“For buyers, easing rates and more options created opportunities that didn’t exist a year ago,” said REMAX CEO Erik Carlson. Continue Reading REMAX: December Home Sales Up 14.9%
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
