U.S. Housing Market
Mortgage Application Activity Drops by 0.8%
The FHA share of total applications decreased to 19.3% from 19.5% the week prior. Continue Reading Mortgage Application Activity Drops by 0.8%
Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
cMurray listed his property last August for $12 million. Continue Reading Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Eagle Partners plans to launch a long-term affordable preservation strategy for the properties. Continue Reading Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
93% of survey respondents indicated that a poorly maintained neighboring lawn signals lower home value to some degree. Continue Reading Would You Pay to Improve Your Neighbor’s Yard Before Selling Your Home?
Century Communities to Begin Sales at New Arizona Development
Century Communities Inc. (NYSE: CCS) announced that its Century Complete brand will soon open for sales at Western Crossings, a new community in Florence, Arizona. Western Crossings will offer two-story single-family homes, with floor plans up to five bedrooms and...
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
The development will feature more than 3.5 acres of retail pad sites, which are available for ground lease. Continue Reading ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
Lennar Debuts New San Diego-Area Master-Planned Community
Pricing at the community starts in the mid-$900,000s. Continue Reading Lennar Debuts New San Diego-Area Master-Planned Community
Hits and Misses for the Real Estate Week of Aug. 18-22
Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. Continue Reading Hits and Misses for the Real Estate Week of Aug. 18-22
Virginia Home Sales Up 2.4%
The statewide median sales price in July was $435,000, a $9,000 increase for a 2.1% year-over-year bump-up. Continue Reading Virginia Home Sales Up 2.4%
New York State Median Home Sale Price Breaks Record High
Closed sales were down from 10,286 homes last year to 10,046 last month, a 2.3% decline. Continue Reading New York State Median Home Sale Price Breaks Record High
Florida Home Sales and Prices Down for July
The statewide median sales price for single-family existing homes in July was $410,000, down 1.7% compared to one year before. Continue Reading Florida Home Sales and Prices Down for July
Pennsylvania Housing Inventory Hits 3-Year High
The median home price rose 6.5% year-over-year to $320,000 in July. Continue Reading Pennsylvania Housing Inventory Hits 3-Year High
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21. Continue Reading Mortgage Rates Remain Flat
