U.S. Housing Market
Trump Cancels Signing of Housing Bill, Demands Passage of Voter ID Bill First
Trump called the bill “of minor importance.” Continue Reading Trump Cancels Signing of Housing Bill, Demands Passage of Voter ID Bill First
New Home Sales Down 7.3% in May
The average sales price of new houses sold in May was $540,600. Continue Reading New Home Sales Down 7.3% in May
Report: Typical Homebuyer’s Down Payment at $64,000
Down payment percentages were highest in San Jose, San Francisco and Anaheim, where the typical homebuyer in each market put down 25% of the purchase price. Continue Reading Report: Typical Homebuyer’s Down Payment at $64,000
New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
RIPEC estimated the housing bond will create only 642 new housing units, slightly more than one-quarter (28.5%) of Executive Office of Housing’s 2030 housing goal. Continue Reading New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
Hits and Misses for the Real Estate Week of May 25-29
A broke city gets a new tax, a pesky deed thief is back in custody, and Tampa Bay gets another $1 billion request for a stadium. Continue Reading Hits and Misses for the Real Estate Week of May 25-29
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
Pittsburgh City Council Approves 20% Property Tax Hike
Mayor Ed Gainey has 10 days to decide whether to accept or veto the spending plan. Continue Reading Pittsburgh City Council Approves 20% Property Tax Hike
Florida Announces Final Judgment Against MV Realty’s Homeowner Scam
“MV Realty scammed thousands of Florida homeowners, and now justice has prevailed,” said Attorney General James Uthmeier. Continue Reading Florida Announces Final Judgment Against MV Realty’s Homeowner Scam
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
Florida Home Sales Up While Prices Decline
The statewide median sales price for single-family existing homes in November was $410,000, down by a mild 0.2% compared to one year before. Continue Reading Florida Home Sales Up While Prices Decline
New York State Home Sales Decline as Prices Keep Rising
The median sales price increased 5.0%, rising from $400,000 in November 2024 to $420,000 last month. Continue Reading New York State Home Sales Decline as Prices Keep Rising
Existing Home Sales Inched Up 0.5% in November
The median existing home price in November was $409,200 for all housing types, up 1.2% from one year ago ($404,400). Continue Reading Existing Home Sales Inched Up 0.5% in November
Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Wisconsin Home Sales Down 9.2% Year-Over-Year
Total listings were up 3.7% relative to their November 2024 levels. Continue Reading Wisconsin Home Sales Down 9.2% Year-Over-Year
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18. Continue Reading Mortgage Rates Down Slightly
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…
