U.S. Housing Market
Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million
The property is owned by former NFL star quarterback Chris Simms and his wife Danielle, who acquired it in 2019 for $2.5 million. Continue Reading Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million
Mortgage Rates Take a Mild Drop
The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged 6.11%. Continue Reading Mortgage Rates Take a Mild Drop
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%
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Last year, roughly 39% of borrowers cited debt consolidation as the reason for applying for a home equity loan, compared to 25% during 2023. Continue Reading Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
The property will also feature approximately 7,500 square feet of retail space on the ground floor. Continue Reading Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
Roughly 86% of the global sales of South Florida new construction properties were made by Latin Americans. Continue Reading Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs
The senators also expressed displeasure over Pulte’s conflict of interest in this directive. Continue Reading Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs
Hits and Misses for the Real Estate Week of July 21-25
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. Continue Reading Hits and Misses for the Real Estate Week of July 21-25
Flood Insurance Relief Legislation Reintroduced in Congress
The bill’s proposed deduction would not apply to individuals who have a gross income of more than $200,000 or $400,000 for joint filers. Continue Reading Flood Insurance Relief Legislation Reintroduced in Congress
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