U.S. Housing Market
Florida CFO: Abolishing Property Taxes is Unlikely
“I don’t think we’re going to wind up with the place where we get rid of property taxes altogether on homestead or properties,” said Blaise Ingoglia. Continue Reading Florida CFO: Abolishing Property Taxes is Unlikely
Finance of America Reverse Debuts HomeSafe Second Line of Credit
The product is now available in California, with a further rollout planned in the coming weeks. Continue Reading Finance of America Reverse Debuts HomeSafe Second Line of Credit
More Than Half of Homes for Sale on the Market for At Least 60 Days
In Miami, nearly two-thirds (62.6%) of home listings are stale, the biggest share of all the major metros. Continue Reading More Than Half of Homes for Sale on the Market for At Least 60 Days
Partnership Between loanDepot and Betenbough Companies Creates New Mortgage Lender
Betenbough Companies is the parent of Betenbough Homes, which has Texas-based operations in Amarillo, Lubbock, Midland, and Odessa. Continue Reading Partnership Between loanDepot and Betenbough Companies Creates New Mortgage Lender
Gov. Newsom Issues Warnings to 15 Localities for Noncompliance on Affordable Housing Access
California Gov. Gavin Newsom has put forth final warnings to 15 cities and counties that have yet to acquiesce to his administration’s demands on affordable housing access. The 15 communities that received notice today remain more than two years behind schedule and...
Builder Confidence Inches Up Very Slightly
“Affordability for buyers and builders remains a top concern,” said NAHB Chairman Bill Owens. Continue Reading Builder Confidence Inches Up Very Slightly
Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount
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
New BOOSTzer.com Platform Offers Connections Between Cash Offer Investors and Home Sellers
The BOOSTzer platform will go live on April 1. Continue Reading New BOOSTzer.com Platform Offers Connections Between Cash Offer Investors and Home Sellers
Single-Family Housing Starts Down in January
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordability conditions are a cause of concern for many potential home buyers,” said NAHB’s Bill Owens, Continue Reading Single-Family Housing Starts Down in January
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
