U.S. Housing Market
Mortgage Application Activity Picks Up
The FHA share of total applications decreased to 17.0% from 17.7% the week prior. Continue Reading Mortgage Application Activity Picks Up
Q2 Texas Home Prices Held Steady
Closed sales rose to 99,688 in the second quarter, with the largest percentage increases in Eagle Pass (22.9%), Odessa (16.2%), and Tyler (15.6%). Continue Reading Q2 Texas Home Prices Held Steady
Trump Cancels Signing of Housing Bill, Demands Passage of Voter ID Bill First
Trump called the bill “of minor importance.” Continue Reading Trump Cancels Signing of Housing Bill, Demands Passage of Voter ID Bill First
New Home Sales Down 7.3% in May
The average sales price of new houses sold in May was $540,600. Continue Reading New Home Sales Down 7.3% in May
Chicago Sues Airbnb Over Illegal Short-Term Rentals
“Requiring short-term rental companies to follow the same rules as everyone else is critical to our work of building a safer, more affordable Chicago,” said Mayor Brandon Johnson. Continue Reading Chicago Sues Airbnb Over Illegal Short-Term Rentals
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
The portfolio was aggregated over the last 12 months and encompasses diverse neighborhoods including Nob Hill, Russian Hill, The Castro, Potrero Hill, Hayes Valley, and the Sunset and Richmond Districts. Continue Reading Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
New Venture Plans to Tokenize Manufactured Home Loans On-Chain
ETHZilla will acquire a 15% fully diluted ownership stake in Zippy for $5 million in cash and $14 million in shares of common stock. Continue Reading New Venture Plans to Tokenize Manufactured Home Loans On-Chain
Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
“This is something no elected official wants to do, but it is the responsible thing to do,” Councilor Barbara Warwick said in a statement. Continue Reading Pittsburgh City Councilor Proposes 30% Property Tax to Close ‘Budgetary Gaps’
Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Property tax reform is a key plank in Abbott’s 2026 re-election campaign. Continue Reading Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
