U.S. Housing Market
Mortgage Rates Inch Down
The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. Continue Reading Mortgage Rates Inch Down
Report: A Record 34% of February Home Sellers Reduced Their Listing Prices
Texas and Florida sellers were most likely to cut prices. Continue Reading Report: A Record 34% of February Home Sellers Reduced Their Listing Prices
Hits and Misses for the Real Estate Week of March 9-13
The negative impact of a neighbor’s yard on a home sale, a Seattle billionaire abruptly moves to Florida, and a department store executive vows to keep his locations open Continue Reading Hits and Misses for the Real Estate Week of March 9-13
Sales to Begin at Panorama Buckhead, Former Atlanta Rental Tower Turned Condominium Development
Pricing starts in the $300,000s. Continue Reading Sales to Begin at Panorama Buckhead, Former Atlanta Rental Tower Turned Condominium Development
Multifamily Housing Proposed at Former Brooklyn HQ Complex of the Jehovah’s Witnesses Organization
A rezoning application will require several review sessions involving Brooklyn Community Board 2, the Brooklyn borough president’s office, and the New York City Council. Continue Reading Multifamily Housing Proposed at Former Brooklyn HQ Complex of the Jehovah’s Witnesses Organization
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
First Cathedral in Bloomfield offered an informal presentation to the town’s planning and zoning commission. Continue Reading Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
Hits and Misses for the Real Estate Week of Sept. 1-5
A decades-old crime is solved, an emergency without urgency is declared, and bizarre happenings in the UK and Canada. Continue Reading Hits and Misses for the Real Estate Week of Sept. 1-5
Grant Cardone Pushes for Multifamily Construction to Alleviate Housing Shortage
“America cannot build ‘affordable housing’ at enough scale to offset this,” he said. Continue Reading Grant Cardone Pushes for Multifamily Construction to Alleviate Housing Shortage
Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners
The city’s Department of Records found 111 cases of deed fraud last year. Continue Reading Philadelphia Launches System to Detect Deed Fraud with Forgeries of Dead Homeowners
Real Estate Investors Bought Fewer Properties During Q2
Redfin’s report covers both institutional and mom-and-pop investors. Continue Reading Real Estate Investors Bought Fewer Properties During Q2
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
