U.S. Housing Market
Hits and Misses for the Real Estate Week of April 6-10
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. Continue Reading Hits and Misses for the Real Estate Week of April 6-10
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
his is slightly above the all-time low of 20% recorded in 2024. Continue Reading First-Time Homebuyers Accounted for 21% of the Texas Housing Market
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
The Most Expensive College Town Is…
At the far end of the spectrum, the least expensive college town is Dayton, Ohio. Continue Reading The Most Expensive College Town Is…
Nebraska Gov. Pillen Announces $20 Million in Property Tax Relief
“As governor, fixing our broken property tax system is my top priority,” said Pillen. Continue Reading Nebraska Gov. Pillen Announces $20 Million in Property Tax Relief
Refinancing Action Fuels 30% Surge in Mortgage Application Activity
The Refinance Index ascended by 58% from the previous week and was 70% higher than the same week one year ago. Continue Reading Refinancing Action Fuels 30% Surge in Mortgage Application Activity
Single-Family Housing Starts Down by 7%
Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1.30 million, an 8.5% decline from the revised July estimate of 1.42 million. Continue Reading Single-Family Housing Starts Down by 7%
Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
“Homeownership is a vital part of achieving the American Dream,” said Rep. Mark Alford (R-MO), co-chairman of the Congressional Real Estate Caucus. Continue Reading Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
The average loan size for new homes increased from $372,745 in July to $374,288 in August. Continue Reading Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
Builder Confidence Holds Steady
“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
It was supported by labor unions who were pleased with the bill’s provisions regarding a mandate for union workers on the new construction. Continue Reading California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
