U.S. Housing Market
Wisconsin Records ‘Healthy Bounce’ in June Home Sales
According to the Wisconsin Realtors Association (WRA), the statewide median price was also up 5.9% year-over-year in June, reaching $360,000. Continue Reading Wisconsin Records ‘Healthy Bounce’ in June Home Sales
Survey: 1 in 5 Texans Consider Moving Out of State Due to Rising Housing Costs
The survey found 75% of Texas renters were dealing with housing costs that rose over the past year. Continue Reading Survey: 1 in 5 Texans Consider Moving Out of State Due to Rising Housing Costs
NYC Board Approves Mamdani’s Rent Freeze
“Our message is clear: This freeze will destroy the living conditions for hundreds of thousands of New Yorkers,” said New York Apartment Association CEO Kenny Burgos. Continue Reading NYC Board Approves Mamdani’s Rent Freeze
Illinois Home Sales and Inventory Decline While Median Price Rises
“May brought continued price growth across Illinois, as limited housing supply helped keep the market competitive,” said Jeff Kolbus, president of Illinois Realtors. Continue Reading Illinois Home Sales and Inventory Decline While Median Price Rises
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. Continue Reading Mortgage Rates Tick Up Slightly
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
“We have got, like, everybody in the whole Cabinet working on trying to get housing to be more affordable,” Kevin Hassett said. Continue Reading Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
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
